1903 Summit Ridge
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 |
|---|---|---|---|
| May 27, 2016 | Sold | ||
| Sold | |||
| Mar 4, 2016 | Listed by Windermere Homes & Estates | $879,000 | |
| Listed by Windermere Homes & Estates | |||
| Jan 18, 2012 | Sold | ||
| Sold | |||
| Aug 6, 2011 | Listed by Hogan Realty & Mortgage Serv. | $580,000 | |
| Listed by Hogan Realty & Mortgage Serv. | |||
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You will find this property a very private enclave and spacious home with many designer upgrades & a great floorplan. 2nd level guest house has its own private entry, 1 bd. 1 ba. large living room & kitchen. Views nice. Main home 3 bd. 3.5 ba. tax records show 4 bd. but this includes bedroom in guest house. Guest house is separate built over garage. This estate style home offers many lovely amenities and a comfortable atmosphere. See supplement [Supplement]: Enter this prestigious property to a very large turn around driveway. Step up to covered porch entry with a large sitting area. A gourmet country kitchen with a spacious eating and seating area, breakfast bar, walk-in-pantry and a commercial range and lots of granite countertops. Dining area has a very nice Wood burning stove and great views of the backyard. View the beautiful salt water pool with a Pebbletech finish & a large spa and private surroundings. Through the game room/living room and/or bonus room are large picture windows to view the peaceful yard setting and distant mountain range. The bedrooms have their own type of view, either deck or porch areas and access to yard from first floor. Nice sized walk-in closets and full bathrooms.From the kitchen area access the covered breezway to the garage and workshop area. Beautiful landscaping surrounds the property, there is plenty of room for a garden and so much more. This is a must see property. Close to great shopping, dining, winery, entertainment and freeways. This is a short sale listing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017