215 Summit Ridge RD
About This Property
As you step inside, you're greeted by a spacious living room with surround sound wiring and a cozy fireplace, perfect for those chilly evenings. The family kitchen is big and beautiful, boasting granite countertops, custom cabinets with a built-in desk, and ample space for gathering with loved ones.This home offers more than just space – it's packed with convenience. There are 3 bedrooms, and a bonus room with a Murphy bed, providing endless possibilities. Plus, 2 covered patios, front and back, invite you to savor the outdoors. The 1.16-acre lot is a haven of natural beauty, featuring fruit trees, flowerbeds, and even a barbed wire fence around most of the property. The oversized 2-car garage ensures ample storage space. Come take a tour of this home today!
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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 |
|---|---|---|---|
| Dec 23, 2023 | No longer available | - | |
| No longer available | |||
| Nov 15, 2023 | Price Decreased |
$499,000
↓ $26K
(5%) | |
| Price Decreased | |||
| Nov 4, 2023 | Price Decreased |
$525,000
↓ $24K
(4.3%) | |
| Price Decreased | |||
| Oct 31, 2023 | Listed by Kelly Realty Team - eXp Realty | $548,500 | |
| Listed by Kelly Realty Team - eXp Realty | |||
| | |||
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YOU need to TOUR this stunning 3-bedroom, 2.5-bathroom all-brick home that’s been meticulously maintained. You’ll be captivated by the breathtaking Hill Country views from the front porch, offering the perfect blend of serenity and convenience. In 2023, this home received some updates and upgrades which include a brand-new roof, hot water heater, well pump, and upgraded calcification system. All bedrooms had new carpet installed and fresh coat of paint making this home MOVE IN READY! As you step inside, you’re greeted by a spacious living room with surround sound wiring and a cozy fireplace, perfect for those chilly evenings. The family kitchen is big and beautiful, boasting granite countertops, custom cabinets with a built-in desk, and ample space for gathering with loved ones.This home offers more than just space – it’s packed with convenience. There are 3 bedrooms, and a bonus room with a Murphy bed, providing endless possibilities. Plus, 2 covered patios, front and back, invite you to savor the outdoors. The 1.16-acre lot is a haven of natural beauty, featuring fruit trees, flowerbeds, and even a barbed wire fence around most of the property. The oversized 2-car garage ensures ample storage space. Come take a tour of this home today! The manager has listed the unit size as 2589 square feet.
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| Oct 12, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017