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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by Coldwell Banker LIFESTYLES- Franconia | $1,600,000 | |
| Listed by Coldwell Banker LIFESTYLES- Franconia | |||
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Iconic, Franconia Notch, MOUNTAIN VIEWS from this newly reimagined Contemporary Home on 5 +- acres. A complete transformation! From the time you awake until dusk, you can bask in the most awe inspiring views of Cannon, Lafayette (and beyond). Primary en-suite captures the natural light & expansive views even in the newly tiled, custom designed, oversize shower. Spacious open concept boasts clean, modern lines, new lighting, oak floors, new kitchen/appliances & substantial island. Corner concrete-faced fireplace warms the room. Floor to ceiling windows bring in an abundance of light. Two additional bedrooms (one with sliding glass door to the expansive deck & hot tub area) share a full bath to anchor the remainder of the first level. Ladder to a 'secret' loft /reading nook is every child's dream hideaway. New two car attached garage allows convenient entry to a thoughtfully designed oversize gear room built out nicely for all your outdoor gear and clothing. Side entrance welcomes with a bluestone patio, granite steps and access to the full wrap deck. Grand, 'gallery worthy' entry is the perfect spot for collectors to highlight their collections. Full walkout lower level is expansive and bright; large gathering space, kitchenette, 2 bedrooms, full bath and 'theater ready' room flow easily and make for amazing additional space. Enjoy the fantastic community, schools: easy access to Cannon, village stores & brewery, hiking & biking. Note: septic design is for a 3 bedroom house
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| Oct 20, 2020 | Sold | ||
| Sold | |||
| Apr 7, 2020 | Listed by Badger Peabody & Smith Realty | $755,900 | |
| Listed by Badger Peabody & Smith Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017