487 Summerhill Terrace
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 13, 2020 | Sold | ||
| Sold | |||
| Mar 6, 2020 | Listed by Coldwell Banker West | $699,000 | |
| Listed by Coldwell Banker West | |||
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Pristine move in ready 3 bedroom 2 bathroom home on large lot in the highly desired neighborhood of Deer Creek. Home features an open concept living and dining area, large updated kitchen with granite counter tops, stainless steel appliances and breakfast nook. Spacious family room with fireplace. Beautiful laminate flooring and brand new carpet in the master bedroom. Vaulted ceilings, dual pane windows and french doors. Master bedroom is exceptionally large with extra space for a potential office, nursery, etc. Master also has TWO massive walk in closets! The master bedroom window has been upgraded to a triple pane window. Home has new plumbing, New HVAC, new vinyl fencing, and brand new pergolas in the backyard! The sellers spared no expense on upgrades to this home!. Neighborhoods: Deer Creek Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected
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| Feb 26, 2015 | Sold | ||
| Sold | |||
| Dec 5, 2014 | Listed by Allison James Estates & Homes | $549,000 | |
| Listed by Allison James Estates & Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017