53 Summer 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 |
|---|---|---|---|
| Sep 28, 2023 | Sold | ||
| Sold | |||
| Apr 10, 2018 | Sold | ||
| Sold | |||
| Feb 14, 2018 | Listed by Trinity Real Estate | $499,900 | |
| Listed by Trinity Real Estate | |||
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Fantastic remodeled home on Historic Summer Ave! 3 bedrooms, 1.5 bath home, ready for you to move right in! Open floor plan perfect for everyday family living or entertaining. Living room with fireplace flows perfectly into new eat-in kitchen, leading you to a large great room! Gleaming Hardwood floors and lots of windows, make this a bright and sunny home! Finished basement, complete with tiled floors and half bath, make it ideal place for a man cave or kids play room. Extra Bonus room in basement would make for a great office. Brand New Furnace!
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| Aug 14, 1979 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017