47 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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Real Broker MA, LLC | $849,900 | |
| Listed by Real Broker MA, LLC | |||
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This CHARMING CUSTOM CAPE will just WOW you!! This PICTURE PERFECT hidden gem is set back behind mature shrubbery. The interior & exterior has received a spectacular makeover...MOVE IN READY for its new owners: NEW HARDWOOD FLOORING, FRESHLY PAINTED interior and exterior w/designer color palette, NEW RECESSED LIGHTING, NEW STOVETOP, BESPOKE light fixtures, and MORE. The interior is INCREDIBLY SPACIOUS beginning w/an oversized EAT IN KITCHEN, with WOOD STOVE & NEW WINDOWS, FIRE-PLACED SUN LIT LIVING ROOM, & two FIRST FLOOR BEDROOMS, and a BATH w/WALK-IN SHOWER. The 2ND floor boasts TWO ADDTL LARGE BEDROOMS w/original built-ins, a FULL BATH, 3rd BEDROOM/SITTING ROOM, & HOME OFFICE complete with SEPARATE STAIRWAY/ENTRANCE. Opportunity for FIRST AND SECOND FLOOR PRIMARY SUITES!! A beautiful FENCED BACKYARD is a blank canvas for swing set, gardens, grilling and more. This one won't last!! Located in highly desirable Sharon, walk to our new library, town center, commuter rail and parks.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017