12 Summit Drive
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%.
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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 |
|---|---|---|---|
| Oct 28, 2021 | Sold | ||
| Sold | |||
| Jul 27, 2021 | Listed by C.G. Shepherd Realty, LLC | $449,012 | |
| Listed by C.G. Shepherd Realty, LLC | |||
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Immaculate one level living in Eastman! This pristine property boasts a flat, paved driveway off newly surfaced Summit Drive creating a smooth transition into this lovely neighborhood. While situated among natural wooded scenery, this 3-bedroom, 2 1/2 bath contemporary home features large skylights providing endless warmth and natural light. Modern kitchen with granite countertops, an island surrounded with cabinet space, and top-of-the-line appliances, including a new quiet Bosch dishwasher, new 1200 watt in-wall microwave, and Jennair gas cooktop with strong downdraft exhaust fan. Gleaming hardwood floors and soft carpet invites you into the living area where the room is equipped with built-in speakers delivering surround sound throughout the space. Three large sliders open to a spacious, sunny 10x25’ deck that steps down into a low maintenance backyard freshly landscaped with endless greenery and a delightful rock garden. Privately tucked in the corner on the first floor is the master bedroom suite complete with a walk-in closet and jacuzzi tub. Conveniently located first floor laundry nearby with a newer HE washer and dryer. Two-car garage connects directly to the home with a first floor entrance. Upper level contains two more bedrooms and a full bath. Other features include quality Andersen casement windows, an on-demand whole house generator, and covered front porch. Enjoy stunning sunrises over Snow Hill ski hill and easy access to South Cove Beach. Eastman 4 seasons!
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| Aug 21, 2018 | Sold | ||
| Sold | |||
| Jun 18, 2018 | Listed by Coldwell Banker LIFESTYLES - Hanover | $300,000 | |
| Listed by Coldwell Banker LIFESTYLES - Hanover | |||
| Oct 5, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017