88 Summit Place
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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%.
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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 |
|---|---|---|---|
| Jul 26, 2016 | Sold | ||
| Sold | |||
| May 6, 2016 | Listed by Houlihan Lawrence Inc. | $699,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Jan 31, 2014 | Sold | ||
| Sold | |||
| Nov 19, 2013 | Listed by BHG Rand Realty | $499,900 | |
| Listed by BHG Rand Realty | |||
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First time on the market. Must see this lovely maintained inside and out split level on beautiful 1/2 acre property on cul-de-sac. Newly refinished hardwood floors throughout, replacement thermopane windows, brick masonry fireplace in LR. Bright and sunny throughout including the lower level Office/Den and Family Room with door to Flagstone Patio and Yard. Includes 4 ceiling fans and awning. Oversized 1 car garage with plenty of room for storage. Taxes do not include star exemption of $1809.
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About Pleasantville
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Data Source: OneKey MLS
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