577 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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Oct 21, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Price Decreased |
$779,000
↓ $46K
(5.6%) | |
| Price Decreased | |||
| Oct 1, 2025 | Listed by RE/MAX Andrew Realty Services | $824,850 | |
| Listed by RE/MAX Andrew Realty Services | |||
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Lovely Cape in the Joshua Eaton school area. This home offers a flexible 1st floor layout. Lots of storage in the kitchen, bright dining room with fireplace, spacious living room w/bow window & access to the back yard, a main bath with tub & shower & a linen closet, a large 1st flr. bedroom is used as a guest/playroom & there is a great home office. There is a closet in the main hall. The 2nd floor offers a primary bedroom with a large closet, storage space & built-ins, a 1/2 bath, and a linen closet. Another spacious bedroom with built-ins. The basement has the potential to be finished, it has been used as an exercise space & is great for storage. It has a laundry area with a laundry sink & garage access. This lot offers wonderful privacy and entertaining space, two patios, garden space, and a grass game area. Great commuter location for all highways & the commuter rail. AHS Home Warranty is included for the buyer's peace of mind.
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| Sep 28, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017