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9 Summit Road
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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 |
|---|---|---|---|
| Nov 4, 2011 | Sold | ||
| Sold | |||
| Oct 26, 2011 | Listed by Grant B. Cole, REALTORS®, Inc | $879,900 | |
| Listed by Grant B. Cole, REALTORS®, Inc | |||
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Stately Colonial with 2 car garage on a picturesque street in desirable Follen Hill! Beautifully set on a manicured lot, this home features 4 spacious bedrooms, 2 full baths, hardwood floors, fireplaced living room, dining room, sunfilled eat in kitchen, study, 1st floor family room & full bath w/option for 1st floor bedroom, lower level rec room, master bedroom w/walk in closet & additional potential living space in walk up 3rd level. Steps to Wilson’s Farm, public transportation & much more!
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| Aug 11, 2011 | Listed by Coldwell Banker Residential Brokerage - Lexington | $879,900 | |
| Listed by Coldwell Banker Residential Brokerage - Lexington | |||
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