56 Summer Hill Road
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 15, 2017 | Sold | ||
| Sold | |||
| Jun 23, 2017 | Listed | $469,000 | |
| Listed | |||
| Feb 26, 2007 | Sold | ||
| Sold | |||
| Oct 12, 2006 | Listed by Foster-Healey Real Estate | $399,000 | |
| Listed by Foster-Healey Real Estate | |||
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A great house at a great price. The recently updated kitchen has ceramic tile floor and stainless steel appliances. The livingroom is spacious, has a firplace, picture window and the gleaming red oak floors that are throughout most of the house. The family room opens to a sunny deck and a very pretty back yard. All living spaces are above grade level and are bright and fresh. The garage is oversized plus there is a good sized basement for storage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017