68 Summer Street
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%.
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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 5, 2022 | Sold | ||
| Sold | |||
| Oct 6, 2022 | Listed by Four Seasons Sotheby's Int'l Realty | $550,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
| Sep 2, 2017 | Listed | $350,000 | |
| Listed | |||
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Grand 1917 Brick Federal boasts 5 Bedrooms, 5 Baths and 3 fireplaces. Spacious Living Room w/Fireplace and glamorous Chandeliers. Library with a Wet Bar and fireplace. Sunny four Season Sun Porch. Kitchen and Maids Pantry leading into the Formal Dining Room. Large Powder Room. TV/Reading Room off Kitchen. A Spectacular Foyer/Center Hall stepping out onto the Slate Front Porch with Pillars over looking Summer Street. Second Floor features a Master Suite w/fireplace, Changing Room, 2 Full Baths and it's own Balcony. Four more Bedrooms w/2 Full Baths. Basement has 10 rooms ready for recreation, quilting, storage and whatever hobbies you may have! New Budarus Boiler, all new wiring, new vinyl windows and Electric. Huge Court Yard with Serpentine Brick Walls, Flower Gardens and 2 Gazebos. 3 Car Garage with Basement. Slate Patio. There is also a Hot Tub Room over the Porte-Cochere. This Lovely Home has much History and Lots of Charm. The manager has listed the unit size as 5054 square feet.
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| Nov 22, 2013 | Sold | ||
| Sold | |||
| Aug 8, 2012 | Listed by Barrett & Valley Associates, Inc/Sprin | $229,000 | |
| Listed by Barrett & Valley Associates, Inc/Sprin | |||
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Elegant 1917 Brick Federal Boasting 5 Bedrooms,4 & half baths,3 Fireplaces. Master Suite features 2 baths, sitting room, fireplace, Office and hot tub room over the Porte-Cochere. 29X17 Living Room w/Fireplace & Chandeliers. Reading Library w/Fireplace, Bookshelves and Wet bar. Four Seasons Sun Room opening onto a slate patio. Large Sunny Kitchen w/Maids Pantry leading into the Formal Dining Room, Built-in China Closet. Center Hall. 3 Car Garage. Courtyard, Serpentine Brick walls, Flower Gardens, Gazebos. Way, way below town assessment, Seller is motivated!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017