7302 SUMMER WAY
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 |
|---|---|---|---|
| Jul 21, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | Listed by JB Goodwin, REALTORS | $330,000 | |
| Listed by JB Goodwin, REALTORS | |||
| Sep 11, 2015 | Sold | ||
| Sold | |||
| Jul 9, 2015 | Listed by Home Team of America | $210,000 | |
| Listed by Home Team of America | |||
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Rare find! This beautiful home located in a small gated subdivision in the heart of the Medical Center has it all! Granite** Wood floors**Tile in the baths and laundry**ceiling fans** energy efficient radiant barrier and double pane windows**walk-in closets**landscaped yard with partial sprinkler system**
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017