212 Summit 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 16, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 14, 2025 | Delisted | - | |
| Delisted | |||
| Sep 2, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by CB&A, Realtors | $335,000 | |
| Listed by CB&A, Realtors | |||
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Welcome to your dream home! Discover this stunning & versatile 3(4)-bedroom property that includes a separate studio apartment w/ its own entrance. This space is perfect for generational living, rental potential, a home business, or comfortable accommodations for guests! The main house features 3 spacious bedrooms & 2 bathrooms, w/ a flexible room ideal for a home office, game room or whatever your heart desires. The open floor plan allows for seamless entertaining, as the kitchen, living & dining rooms flow together effortlessly. The kitchen is a chef's delight, complete w/ SS appliances, soft close cabinets & drawers & a breakfast bar perfect for hosting guests while you cook. Situated on a generous 15,000 sq ft lot, this property provides plenty of outdoor space. Additionally, a storage shed is in the backyard, equipped w/ electricity, serves as an excellent solution for storage, hobbies or a workshop. This home is more than house -it's designed to live, work and enjoy!
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| Feb 8, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017