542 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 |
|---|---|---|---|
| Nov 18, 2011 | Sold | ||
| Sold | |||
| Sep 2, 2011 | Listed by Redfin Corp. | $449,000 | |
| Listed by Redfin Corp. | |||
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Instantly appealing 7 rm 3 br 1 bath Colonial. This home has been impeccably renovated with a newer kitchen, new Italian tile bath, new paint, carpet and light fixtures while maintaining its charm & character! Fp’d LR, formal DR, gleaming hardwood and wonderful natural light. Private entertainment sized deck overlooks gardens. Minutes to Pierce School, playground, shopping, bike path & transportation. Estimate for second bath available for review.
| |||
| Dec 21, 2010 | Listed by Redfin Corp. | $439,000 | |
| Listed by Redfin Corp. | |||
| Sep 14, 2007 | Sold | ||
| Sold | |||
| Jul 19, 2007 | Listed by Redfin Corp. | $419,000 | |
| Listed by Redfin Corp. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017