60 Summit 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 |
|---|---|---|---|
| Oct 5, 2009 | Sold | ||
| Sold | |||
| Jul 1, 2009 | Listed by Stikeleather Real Estate | $309,900 | |
| Listed by Stikeleather Real Estate | |||
| Dec 3, 2008 | Sold | ||
| Sold | |||
| Apr 23, 2007 | Listed by Tullish & Clancy | $50,000 | |
| Listed by Tullish & Clancy | |||
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Buildable lot (100 x 50) on quiet side street currently assessed by Town of Holbrook at $129,000. Buyer is responsible for all permits, code requirements, variances, utility hook ups and all other due diligence at the Buyer's expense. Listing photo is view of Summit Road from Indian Road - available lot is on left side of street.
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Address: 335 Madison Avenue, New York, NY 10017