607 Summer 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 |
|---|---|---|---|
| Dec 1, 2016 | Sold | ||
| Sold | |||
| Sep 22, 2016 | Listed by RE/MAX Leading Edge | $649,000 | |
| Listed by RE/MAX Leading Edge | |||
| Apr 15, 2005 | Sold | ||
| Sold | |||
| Jan 28, 2005 | Listed | $424,900 | |
| Listed | |||
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Lots to offer in this well maintained colonial on a corner lot just steps to the new Pierce School and Reed's Brook Park. Nice flow from the fireplace liv. rm. and adjacent sunroom to the formal din. rm. with built-in hutch and bay window seat to the eat-in kit. Upstairs are 2 very spacious bedrooms, and a third perfect for a child or office, as well as a fully tiled bath. Hdwd flrs (under all carpeting) orig. details/moldings and much natural woodwork all add to the appeal of this home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017