18 Summit Way
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Jul 21, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by Lioce Properties Group | $799,900 | |
| Listed by Lioce Properties Group | |||
| | |||
|
THIS RETREAT PROPERTY AWAITS YOUR ARRIVAL. DRIVE PAST THE GRANITE LIGHT POSTS TO THIS PRIVATE OASIS NESTLED AT THE END OF A PRIVATE DRIVE. THERE YOU'LL FIND THIS BETTER THAN NEW CUSTOM RANCH WITH EXTRAS GALORE INCLUDING A 1500+- SQUARE FEET FINISHED BASEMENT. AN OPEN FLOOR PLAN OFFERS THE PRIMARY BEDROOM ON ONE SIDE, 2 BEDROOMS ON THE OTHER & THE COMBINED KITCHEN, LIVING AND DINING AREAS IN THE MIDDLE W/A FAMILY ROOM TOWARD THE BACK. THE OFFICE IS ON THE WAY TO THE PRIMARY BR & THE LAUNRY ROOM WITH A UTILITY SINK. YOU WILL NOT RUN OUT OF STORAGE WITH THE MASSIVE BASEMENT THAT INCLUDES A 12' WALK IN CLOSET. THE 2 CAR ATTACHED GARAGE HAS A MODINE GAS HEATER. OUTSIDE YOU'LL FIND THE FENCED IN BACKYARD WITH A 16X16 TIMBER TECK DECK, PATIO, GAZEBO & FIREPIT. MATURE PLANTINGS, GARDENS & FRUIT TREES ARE FRONT AND BACK. THE DRIVEWAY & TURN AROUND OFFERS TONS OF PARKING. WITH QUICK ACCESS TO SHOPPING, ROUTE 16 AND RTE 146 TO MASS PIKE & PROVIDENCE,THIS PROPERTY IS TRULY A ONE OF A KIND FIND!
| |||
| Dec 27, 2017 | Sold | ||
| Sold | |||
| Jul 25, 2017 | Listed by New England Home Pro | $479,900 | |
| Listed by New England Home Pro | |||
| | |||
|
Quality Custom Build 3 Bedroom Ranch on a nicely private wooded 1.84 acre lot. Vaulted Master Suite with over sized walk in closet and Master Bath. Kitchen with a Dining Area to a 4 Season Room w/Vaulted Ceiling. Vaulted Living Room w/a Corner Gas Fireplace. Mins to Major Highways.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017