35
Map
1726 Summergate 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%.
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 13, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Listed by Walzel Properties - Spring | $485,000 | |
| Listed by Walzel Properties - Spring | |||
| Jun 14, 2026 | Price Decreased |
$475,000
↓ $23K
(4.5%) | |
| Price Decreased | |||
| May 29, 2026 | Listed by Walzel Properties - Spring | $497,500 | |
| Listed by Walzel Properties - Spring | |||
| |||
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NEW PRICE IMPROVEMENT MAKES THIS ONE A MUST SEE! Don't miss this rare opportunity in the sought-after Longmire Road area! This David Weekly home features 5 spacious bedrooms, 3.5 bathrooms, a study, formal dining, and a large game room. Situated on a 1/4 acre lot with a 3-car garage, the property also offers a covered back porch and a newly fenced backyard. Updates include new kitchen counters and backsplash, new farmhouse style sink, light fixtures, paint, and more. Energy-efficient with low e windows, this home is in the peaceful Summergate neighborhood, which consists of only 38 beautifully maintained homes. No MUD tax, city water/sewer. Convenient to amenities and shopping. Welcome home to 1726 Summergate!
| |||
| Mar 7, 2025 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017