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2088 Summit Loop #79
About This Property
Don't miss this opportunity to own the Hawthorne home design in a beautiful 55+ community with resort-style amenities in Carmel, NY.
This thoughtfully designed home features an L-shaped kitchen flowing into a dramatic two-story great room, perfect for entertaining. The main-floor primary suite offers dual walk-in closets and a spa-like bath with dual sinks and a private water closet. A flex room on the main level and an upstairs loft provide versatile living space.
The home also includes a finished basement with a full bathroom, ideal for entertaining or hosting guests.
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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 |
|---|---|---|---|
| Jun 22, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Price Increased |
$899,000
↑ $50K
(5.9%) | |
| Price Increased | |||
| Jan 10, 2026 | Price Decreased |
$849,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Nov 10, 2025 | Listed by Toll Brothers Real Estate Inc. | $899,000 | |
| Listed by Toll Brothers Real Estate Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017