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161 MIDSUMMER DRIVE
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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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by RE/MAX Realty Group | $675,000 | |
| Listed by RE/MAX Realty Group | |||
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Welcome to 161 Midsummer Drive where you'll find a classic yet beautifully updated colonial home. Enter the gracious front foyer to discover ample functional living space in every corner. You will find a dedicated office on the main level in addition to a separate but open living and dining room as well as a large & cozy family room with a gas fireplace; all while enjoying your brand new kitchen that features stainless steel appliances, quartz countertops, tile backsplash, white cabinets & built-in pantry. The upper level includes a spacious primary bedroom suite with walk-in closet and updated spa-like ensuite bath featuring a luxurious soaking tub and shower, plus three additional generously sized bedrooms and an updated hall bath. You'll find additional living space on the lower level too with the fully finished basement and outdoor living space with the fenced backyard and paver patio. Located conveniently to shopping, restaurants, parks and major commuter routes this home is well-designed, functional & completely MOVE-IN READY! Schedule your private tour today.
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| Aug 3, 2023 | Sold | ||
| Sold | |||
| Nov 20, 1997 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017