41 Summit Street
About This Property
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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 |
|---|---|---|---|
| Jul 29, 2011 | Sold | ||
| Sold | |||
| Mar 24, 2011 | Listed by Karla Heine Goodale | $399,900 | |
| Listed by Karla Heine Goodale | |||
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Tasteful brick front colonial in desirable Highlands neighborhood. Property features updated kitchen with granite countertops and island, stainless steel appliances and recessed lighting. Formal dining room. Spacious fireplaced living room. Hardwood floors. Finished basement with fireplace. Two full baths. Fabulous backyard with large deck and brick patio perfect for entertaining! Easy access to all major routes and public transportation.
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| Sep 16, 2010 | Listed by Century 21 Gelineau & Assoc. | $419,900 | |
| Listed by Century 21 Gelineau & Assoc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017