70 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 |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Real Estate Door | $559,900 | |
| Listed by Real Estate Door | |||
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SELLER HAS ACCEPTED AN OFFER - OPEN HOUSE IS CANCELED: This is the perfect home for 1st time home buyers or those looking to downsize to one-level living. It is is conveniently located near major highways and the commuter rail This wonderful 3 bed, 1 bath home sits on a nice level lot making it perfect for entertaining & summer BBQ's; let your vision bring this backyard back to life! The easy to live in floor plan has an eat in kitchen & large sun drenched family room that leads out through sliders to the easy to care for composite deck overlooking the back yard. Beautiful hardwood floors throughout the house and a large bonus room in the basement. Main bedroom with 2 add'l bedrooms (2nd is currently used as walk in closet but could be a den/office). Cozy fireplaced living room is right off the kitchen. Newer roof, windows, doors, gutters, vinyl siding. This is a great way to get into the desirable town of Hanover! Don't let this one get away!
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| Jul 1, 2015 | Sold | ||
| Sold | |||
| May 19, 2015 | Listed by Real Estate Door | $334,500 | |
| Listed by Real Estate Door | |||
| Jan 21, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017