9 Summit Road #9
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 |
|---|---|---|---|
| Mar 7, 2016 | Sold | ||
| Sold | |||
| Jul 29, 2015 | Listed by William Raveis R.E. & Home Services | $1,269,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/29/2015
|
3 Bed
|
3 Bath
|
2715 ft²
|
$1,269,000
3 Bed
3 Bath
2715 ft²
|
$1,230,000
-3.07%
03/07/2016
|
Frederick Pizzi
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
10/16/2007
|
3 Bed
|
3 Bath
|
2723 ft²
|
$995,000
3 Bed
3 Bath
2723 ft²
|
$995,000
03/26/2008
|
Shannon Desmond
Coldwell Banker Residential Brokerage - Milton - Adams St.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017