8L Summit Ave R344
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 12, 2013 | Sold | ||
| Sold | |||
| Jan 14, 2013 | Listed by Summerview Real Estate, LLC | $105,500 | |
| Listed by Summerview Real Estate, LLC | |||
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Nice Condex, move in condition..2 Large Bedrooms, 1.5 baths, large eat in kitchen, Ample closet space, deck, Rec room in lower level,washer dryer hook ups, level lot, located walking distance to Hospital and Broadway.
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| Jun 4, 2012 | Sold | ||
| Sold | |||
| May 19, 2011 | Sold | ||
| Sold | |||
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