22 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 |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| May 27, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Listed by Payne Team LLC | $399,000 | |
| Listed by Payne Team LLC | |||
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Discover the epitome of living in this inviting Cape home nestled within a private, gated lake community. Boasting 3 bedroom, 2 Baths a covered porch, hardwood floors, a charming gas fireplace, and generous gathering spaces in both the family and living room, this home offers warmth and comfort all on 5.13 acres. Embrace the convenience of central air and a whole house generator, ensuring piece of mind year-round. Step outside to your own private paradise featuring an above-ground pool, a spacious shed, and lush greenery. With a private beach enjoy endless days of boating, fishing, and swimming. Indulge in the local offerings, from excellent local restaurants, antique shops, and the Barryville farmers market. For those craving adventure, explore the nearby Kadampa Meditation Center, Bethel woods performing art center and a nearby indoor water park. With easy access to the Delaware River, Metro North train, and premier skiing destinations, this home offers the perfect blend of excitement and relaxation whether you plan to live there full time or part time. Seize the opportunity to embrace the finest of country living in this exceptional retreat.
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| Feb 26, 2013 | Sold | ||
| Sold | |||
| Apr 1, 2012 | Listed by Payne Team LLC | $209,000 | |
| Listed by Payne Team LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017