57 Summer Avenue
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 |
|---|---|---|---|
| Jun 22, 2017 | Sold | ||
| Sold | |||
| Apr 6, 2017 | Listed by Premier Realty Group, Inc. | $399,900 | |
| Listed by Premier Realty Group, Inc. | |||
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WONDERFULLY LOCATED on the WESTSIDE , 57 SUMMER AVENUE is convenient to the TRAIN, Reading's VIBRANT DOWNTOWN, LIBRARY, and SCHOOLS. This Ranch Style home is a wonderful example of CONTEMPORARY architecture. It's PERFECT for those looking to SCALE DOWN or as a GREAT condo ALTERNATIVE. The KITCHEN is UPDATED with STAINLESS APPLIANCES, GRANITE AND A CENTER ISLAND, the LIVING ROOM is a great place to RELAX with a FIREPLACE, HARDWOOD FLOORS and lots of Natural LIGHT streaming in. There are 2 BEDROOMS and a recently UPDATED FULL BATH . The LOWER LEVEL offers a finished SPACE which works great as an OFFICE or DEN and a FULL BATH with LAUNDRY. There is a ONE CAR GARAGE and a SPECTACULAR 15,000 plus square foot PRIVATE WOODED LOT. ENJOY Your Summer relaxing on your PATIO . JUST MOVE YOUR THINGS IN AND ENJOY!!
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| Aug 15, 2011 | Sold | ||
| Sold | |||
| Mar 3, 2011 | Listed by Harbor View Real Estate Corp. | $265,000 | |
| Listed by Harbor View Real Estate Corp. | |||
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A Westside Location...A 4 room, ranch Condo alternative. 2 bedrooms, kitchen, and living room with picture window and hard wood floors throughout. This home at 960 sq. feet has a bright and airy atmosphere. There is a spacious 1 car garage underneath. The garage has a digital door opener, new tracks, and insulated doors. There is a small patio in the back yard.
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| Jan 3, 2011 | Listed by Keller Williams Realty Evolution | $297,100 | |
| Listed by Keller Williams Realty Evolution | |||
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OPEN HOUSE - Sunday - March 6 - from Noon to 1:30 p.m. A Westside Location...A 4 room, ranch Condo alternative. 2 bedrooms, kitchen, and living room with picture window and hard wood floors throughout. This home at 960 sq. feet has a bright and airy atmosphere. There is a spacious 1 car garage underneath. The garage has a digital door opener, new tracks, and insulated doors. There is a small patio in the back yard.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017