1877 Summer DRIVE
About This Property
Inside the home, you'll find a spacious open-concept design that is perfect for entertaining and daily living, providing ample space for everyone. The home boasts two master bedrooms, offering ultimate comfort with one conveniently located on the main floor and another on the second floor. A large loft area provides endless possibilities for a home theater or additional living space. The garage has been thoughtfully converted into a game room, creating the perfect space for fun, featuring a pool table, arcade games, or any setup you desire to entertain family and friends.
Step outside to your private oasis featuring a lanai with a screened-in pool, hot tub, and a TV for outdoor entertainment. Enjoy unparalleled privacy with no neighbors behind your home. Living in this community comes with additional benefits through the HOA, including basic internet and cable services to keep you connected. Forget about yard work as the HOA covers all lawn care, ensuring your surroundings remain pristine. Enjoy the convenience of daily garbage collection, making life a little easier.
This home offers a unique blend of luxury, convenience, and endless fun. Don't miss the opportunity to live in a community where every detail is designed for your enjoyment and relaxation. Contact us today to schedule a tour and make this dream home yours!
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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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Price Decreased |
$654,990
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Aug 4, 2024 | Price Decreased |
$660,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Jul 17, 2024 | Price Decreased |
$674,999
↓ $19K
(2.7%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017