11300 Summit View WAY
About This Property
Step inside to find a cozy interior that features carpeting throughout the main living areas and bedrooms, all of which have been professionally cleaned within the past month, ensuring a fresh and inviting atmosphere. The thoughtful layout maximizes both comfort and privacy.
The exterior of the home is just as impressive as the interior, boasting a meticulously maintained yard that enhances the home's curb appeal. The screened back porch provides a peaceful retreat, perfect for enjoying morning coffee or relaxing evenings in the comfort of your own home.
**Additional highlights include a roof that is less than a year old, adding to the worry-free appeal of this residence. The AC was just replaced this August, as well as the hot water heater. With an attractively low HOA fee of only $509/year, the subdivision is well-kept and offers a welcoming community environment. **
This property is not just a house, but a home that has been cherished and looked after with great care. It represents a wonderful opportunity for anyone looking to live in a peaceful, well-maintained neighborhood near beautiful surroundings. Don't miss out on making this your new haven – a place where memories are waiting to be made.
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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 |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2024 | No longer available | - | |
| No longer available | |||
| Oct 4, 2024 | Price Decreased |
$389,000
↓ $31K
(7.4%) | |
| Price Decreased | |||
| Sep 20, 2024 | Price Decreased |
$420,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
Property Highlights
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About Summit Lakes
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$2,195 /mo
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- 1,974 ft²
$3,600 /mo
- 4 Beds
- 3 Baths
- 2,550 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017