529 Summer St
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 |
|---|---|---|---|
| May 31, 2017 | Sold | ||
| Sold | |||
| Apr 14, 2017 | Listed by True North Realty | $649,999 | |
| Listed by True North Realty | |||
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***SPECTACULAR AND WONDERFUL OPEN FLOOR PLAN *** NEWLY RENOVATED *** New baths*** New Kitchen with sky light*** New SS Samsung Appliance*** New HVAC system*** New hot water heater***Buyer who's seeking a home with beautiful updated granite countertop and stainless steel kitchen appliances with glass backsplash and breakfast bar. Partially finished basement with half bath can be used as a media room or a play area for kids. Convenient office space located on the first floor. Gleaming hardwood floor thru out the house, additional storage in attic and basement. Nice level back yard for outdoor activity and a patio area for summer time BBQ parties. Conveniently located close to major highways, bus routes and shopping. Compelling value for a home that is in exceptional “move-in” condition.
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| Nov 18, 2016 | Sold | ||
| Sold | |||
| Oct 10, 2016 | Listed by RE/MAX Trinity | $400,000 | |
| Listed by RE/MAX Trinity | |||
| Jan 30, 1991 | Sold | ||
| Sold | |||
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