217 Summit Cir
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 |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Price Decreased |
$659,000
↓ $6K
(0.9%) | |
| Price Decreased | |||
| Sep 4, 2024 | Price Decreased |
$665,000
↓ $14K
(2.1%) | |
| Price Decreased | |||
| Aug 29, 2024 | Listed by Resident Realty North Metro LLC | $679,000 | |
| Listed by Resident Realty North Metro LLC | |||
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Welcome to Lafayette Park! This home offers a well-designed floor plan that maximizes both functionality and comfort. Updated throughout, it features luxury vinyl plank flooring, wood floors, tile, quartz and butcher block countertops, newer appliances, and fresh interior paint. With central air, you'll stay comfortable year-round. The spacious kitchen boasts a modern vibe with plenty of natural light, a gas stove, and a kitchen island. The dining area has deck access, perfect for enjoying any time of day and creating a cozy and inviting atmosphere. The bedrooms are large, and the bathrooms are modern and stylish. The family/rec room is a spacious retreat with a built-in mini-fridge and a cozy wood fireplace. The back deck and yard are fully fenced, private, and nicely landscaped, providing a great space for relaxation and entertainment. Convenience is key with nearby amenities such as parks, trail systems for biking, hiking, and walking, schools, shopping centers, and the charming old town Lafayette all within a short distance from your front door. The oversized 2-car garage offers ample space for parking and storage. This home is a must-see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017