541 Summer Street
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 25, 2016 | Sold | ||
| Sold | |||
| Apr 10, 2015 | Listed by Grand Gables Realty Group Inc. | $699,900 | |
| Listed by Grand Gables Realty Group Inc. | |||
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Spectacular OCEAN VIEWS that offer the best sunrises and sunsets. This 10 room house appears on the register as an Authentic Royal Barry Wills design. The master of Cape Cod style homes. Situated on 3.86 acres of land set high on the hill with loads of privacy. A beautiful home that offers you elegant living with the majority of the living space facing the ocean. 3 bedrooms, 4 bathrooms, 3 family rooms an office , 2 fireplaces and a master suite that was custom built and designed taking advantage of all the natural beauty the property has to offer. The1st FLOOR MASTER SUITE could serve as a lovely in law set up with it's own entrance. Call today for appointment .
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017