551 Summer Place
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 8, 2019 | Sold | ||
| Sold | |||
| Feb 6, 2019 | Listed by Coldwell Banker Realty - Franklin | $284,900 | |
| Listed by Coldwell Banker Realty - Franklin | |||
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Welcome Home! Don't miss your opportunity to own this fantastic property. Located in a residential setting on a dead end street yet minutes to most major amenities. Updates include New Septic System 2006, Sun Room Addition, Replacement Windows, Heating System, Central A/C and Duct Work, Water Treatment System, New bathroom Floors. This home features a large private fenced in yard and large storage shed. Hardwood Floors throughout main floor. First Floor Laundry. 3 Good size bedrooms on the second floor and a full bath. Large 24x14 finished Family Room in basement.
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| Oct 1, 2018 | No longer available | - | |
| No longer available | |||
| Sep 14, 2018 | Listed by eXp Realty | $289,900 | |
| Listed by eXp Realty | |||
| Aug 3, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017