421 SUMMIT AVE
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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Listed by RE/MAX Community-Williamstown | $174,900 | |
| Listed by RE/MAX Community-Williamstown | |||
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** Best & Final Due Monday 3/4 at 7pm ** On the out skirts of town, located just off Rt 295 you'll find this inviting 2 bedroom, 1 bathroom ranch home with a full basement offering versatile space to an ever changing lifestyle! Enjoy single-level living with a well-designed floor plan featuring a cozy living area and a functional kitchen. Engineered hardwood floors and fresh paint flow throughout the main level. The full basement provides ample storage or potential for expansion as it was previously finished. Laundry area located in the basement with included washer and dryer. In 2020 improvements include but are not limited to a new HVAC, updated electrical panel, converted to natural gas, fully updated full bath, updated matching appliances. Outback is an open space for your creativity to take over. A perfect blend of comfort and potential, ideal for those seeking a manageable yet expandable home.
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| Jan 8, 2020 | Sold | ||
| Sold | |||
| Sep 5, 2019 | Listed by Weichert Realtors - Moorestown | $64,900 | |
| Listed by Weichert Realtors - Moorestown | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017