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86 Summit Ave
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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 |
|---|---|---|---|
| Oct 20, 2026 | Sold | ||
| Sold | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2022 | Sold | ||
| Sold | |||
| Aug 18, 2022 | No longer available | - | |
| No longer available | |||
| Aug 3, 2022 | Listed by WEIDEL | $169,900 | |
| Listed by WEIDEL | |||
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Welcome home to this lovely, warm, and inviting 3-bedroom home in Phillipsburg! This house is clean and tastefully updated with newer windows and is move-in ready. The newer, covered, mahogany front porch is perfect for relaxing on a warm summer day and welcomes you into the large living room with high ceilings and abundant light. The wide arched opening leads you right into the dining room which flows into the kitchen. This is truly the original "Open Concept". There are beautiful hardwood floors throughout the house. The dining room is quite large and is perfect for hosting any occasion. The kitchen is updated with stainless steel appliances, durable Formica countertops, plenty of room for a breakfast table, and an original corner hutch. There is an enclosed porch that has been converted to a pantry/mudroom so you will have plenty of storage. Upstairs you will find 2 bedrooms and a spacious bathroom with a tub/shower combo and a large vanity with a Formica countertop. The master bedroom has a large walk-in closet! In the attic, you will find the extra large third bedroom. This space would make a great teen space or an office/studio. The basement is a walkout with bilco doors and plenty of storage space. You will enjoy maintenance-free outdoor living with the paver and stone fenced-in patio which leads to your 2-car parking pad. This lovely home is waiting for you! Make your appointment today! The manager has listed the unit size as 1092 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017