820 Summit Boulevard
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 |
|---|---|---|---|
| May 24, 2023 | Sold | ||
| Sold | |||
| Jan 24, 2023 | Listed by Home Free Today Realty | $349,900 | |
| Listed by Home Free Today Realty | |||
| Jul 11, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Oct 2, 2019 | Listed | $209,900 | |
| Listed | |||
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Come take advantage of this quaint 2 bedroom 1 bath home near downtown West Palm Beach. This home is located on a double lot and plenty of room for future expansion. No home owners association or HOA dues. This home is located minutes from Lake Worth Beach and down town. Great starter home/needs a little TLC. The manager has listed the unit size as 768 square feet.
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About Southerly Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017