Lot 59 Summit St
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 16, 2025 | Sold | ||
| Sold | |||
| May 9, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Listed | $85,000 | |
| Listed | |||
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Discover your own slice of paradise with this stunning 4.15-acre estate lot, perfectly positioned for your dream home! Nestled back from the road, this beautiful property offers a private, tranquil setting surrounded by lush woodlands, creating an ideal retreat from the hustle and bustle of everyday life. With a successful perc test already completed, this lot is ready for you to cascade into your building plans without delay.Enjoy the peaceful ambiance of nature while still being just moments away from all the essential amenities—shops, restaurants, parks, and more are conveniently located nearby. Whether you envision a lavish estate or a cozy cabin retreat, this property is the ideal canvas for your future dreams. Don’t miss the opportunity to create a home in this ideal setting—schedule a visit today and start turning your vision into reality!
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| Oct 7, 2022 | Sold | ||
| Sold | |||
| Mar 14, 2022 | Listed by Coldwell Banker Realty - Chicopee | $79,950 | |
| Listed by Coldwell Banker Realty - Chicopee | |||
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Are you looking for privacy or a convenient location? Why not BOTH! This wooded estate lot offers plenty of privacy and possibilities for the new owners. Build your dream house with the comfort of being located near by the town's main amenities and wonderful school system. You don't want to miss this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017