7 Summit 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%.
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 30, 2019 | Sold | ||
| Sold | |||
| Jul 10, 2019 | Listed by MerryFox Realty | $499,900 | |
| Listed by MerryFox Realty | |||
| Nov 22, 2013 | Sold | ||
| Sold | |||
| Sep 16, 2013 | Listed by MerryFox Realty | $369,900 | |
| Listed by MerryFox Realty | |||
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Be the first to call this newly constructed Colonial your home. Nicely appointed throughout, this home offers a large living room with wood floors, kitchen with granite and stainless, island and french doors to deck and yard. The formal dining room with coffered ceilings and wainscotting is open to the kitchen and a great space for Holiday get togethers. There is also a half bath with laundry hook up on this level. The second level includes a large master bedroom with full bath and two additional bedrooms as well as a second full bath. There are many extra details you do not find in most new construction. This is a great house and is ready for its new owners now!
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| Nov 30, 2012 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017