7920 SUMMER SUN WAY
About This Property
3 BED, 2.5 BATH. LOFT, DINING AND LIVING ROOM, DEN, LAUNDRY ROOM, AND BREAKFAST ROOM.
FLOOR TILE ALL OVER THE HOUSE.
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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 |
|---|---|---|---|
| Nov 3, 2023 | Sold | ||
| Sold | |||
| Sep 2, 2023 | Listed by Realty One Group Mendez Burk | $290,000 | |
| Listed by Realty One Group Mendez Burk | |||
| May 17, 2023 | Listed by Realty One Group Mendez Burk | $299,000 | |
| Listed by Realty One Group Mendez Burk | |||
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location, location, location!!
THE OWNER CAN FINANCE DIRECTLY WITH THE 30% DOWNPAYMENT AND 10 YEARS MONTHLY PAYMENTS AT A 10% APR. THE SELLER HELP THE BUYER $5,000 CLOSING COST. RENT $2,150
3 bedrooms, master upstairs, loft, dining, living room, den, laundry room, 2.5 bath, and breakfast nook. New paint inside the house including kitchen, and laundry room. New blinds and shower tile in the master bedroom.
Floor tile all over the house.
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| Mar 2, 2004 | Sold | ||
| Sold | |||
| Nov 14, 2003 | Listed by Stanton Realty | $130,950 | |
| Listed by Stanton Realty | |||
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2 STORY W/3 BDRS + LOFT UP. BALCONY OFF LOFT MAS BDR. UPGRADED FEATURES INCLUDE RAISED PANEL CABINETS, MICROHOOD, BEVELED GLASS FR DR, TILE BACKSPLASH, UPGRADED SHINGLES + MANY OTHER FEATURES. BUILDER CONTRACT REQ
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017