588 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 |
|---|---|---|---|
| Mar 31, 2010 | Sold | ||
| Sold | |||
| Feb 2, 2010 | Listed by Premier Realty Group, Inc. | $339,900 | |
| Listed by Premier Realty Group, Inc. | |||
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Your search has ended!!! This L-shaped ranch is adorned with new brick front steps, and boasts an interior with hardwood floors and skylights. Warm and inviting fireplaced living room will keep you cozy on long winter nights. Sun filled kitchen leads to the enclosed 3 season porch overlooking large private back yard abutting conservation land. There is a beautifully finished oversized lower level family room.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017