4 Summit St
About This Property
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2019 | Sold | ||
| Sold | |||
| Aug 6, 2019 | Listed by ERA Key Realty Services- Spenc | $225,000 | |
| Listed by ERA Key Realty Services- Spenc | |||
| Sep 27, 2013 | Sold | ||
| Sold | |||
| Jun 4, 2013 | Listed by ERA Key Realty Services- Spenc | $155,000 | |
| Listed by ERA Key Realty Services- Spenc | |||
| | |||
|
BUYER FINANCING FELL THRU AGAIN--HIS LOSS- YOUR GAIN.INSPECT. DONE.ANYTHiNG NO MATTER HOW SMALL FIXED -NOT A SHORT SALE..THIS IS BRAND NEW ON A BUDGET!!! BEAUTIFUL OPEN FLOOR PLAN... DECK OFF DINING AREA IN KITCHEN TO OVERLOOK YOUR FENCED IN BACKYARD... THREE INCH OAK HARDWOOD ON FIRST FLOOR WITH BRAND NEW GRANITE... FULL BATH ON FIRST FLOOR- SECOND BATH ON SECOND FLOOR FOR THE THREE BEDROOMS UPSTAIRS... BONUS BEDROOM IN BASEMENT WITH ITS OWN ENTRANCE... ELECTRIC,PLUMBING,ROOF,RUGS, FLOORS ALL NEW... THIS WON'T LAST.... DON'T MISS OUT
| |||
| May 2, 2013 | Sold | ||
| Sold | |||
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