8 Fay Pl, Summit, NJ 07901

3 bd · 1 ba · built 1953 · Summit · SINGLE_FAMILY·source listing ↗

$799,000

rent, three ways

OnePercent model (vv1)$3,838/mo

p10–p90 confidence band

HUD Fair Market Rent · 07901 · 3BR$3,760/mo

Area comps median (last 90d)—

Area comps median (last 90d)

\u2014

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Union

Flood risk indexRelatively Moderate FEMA NRI

Median household income$179,701

Median area rent$2,287/mo

Median home value$987,900

the verdict

0.48%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$799,000

0.48% · rent $3,838

Intrinsic value · income approach

$856,257

7% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.