645 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 |
|---|---|---|---|
| Aug 21, 2013 | Sold | ||
| Sold | |||
| May 2, 2013 | Listed by American Home Realty | $410,000 | |
| Listed by American Home Realty | |||
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This SUNNY raised ranch was COMPLETELY RENOVATED in 2011. Updates include NEW ROOF, WINDOWS, DOORS, SIDING, DRIVEWAY, BOILER, WATER HEATER, ELECTRIC SERVICE and MORE! Features include a FIRST FLOOR FAMILY ROOM with a stone accent wall and fireplace and a MAIN LEVEL COMBO FIREPLACED LIVING/DINING ROOM open to a BRAND NEW KITCHEN with ENERGYSTAR STAINLESS STEEL APPLIANCES and GRANITE Countertops. Convenient location close to Highway, train and shops & restaurants Very Quiet Neighborhood
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| Aug 2, 2011 | Sold | ||
| Sold | |||
| Jun 8, 2011 | Listed by American Home Realty | $399,000 | |
| Listed by American Home Realty | |||
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MOVE IN READY! This SUNNY raised ranch has been COMPLETELY RENOVATED. Updates include NEW ROOF, WINDOWS, DOORS, SIDING, DRIVEWAY, LANDSCAPING, BOILER, WATER HEATER, ELECTRIC SERVICE and MORE! Features include a FIRST FLOOR FAMILY ROOM with a stone accent wall and fireplace and a MAIN LEVEL COMBO FIREPLACED LIVING/DINING ROOM open to a BRAND NEW KITCHEN with ENERGYSTAR STAINLESS STEEL APPLIANCES and GRANITE countertops. Convenient location close to HW, train and downtown shops & restaurants!
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| Sep 14, 2010 | Sold | ||
| Sold | |||
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