222 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 |
|---|---|---|---|
| Dec 22, 2022 | In contract | - | |
| In contract | |||
| Oct 28, 2022 | Price Decreased |
$364,000
↓ $500
(0.1%) | |
| Price Decreased | |||
| Oct 14, 2022 | Listed by BHHS Hudson Valley Properties | $364,500 | |
| Listed by BHHS Hudson Valley Properties | |||
| Oct 23, 2021 | No longer available | - | |
| No longer available | |||
| Sep 15, 2021 | Listed by Stevens Realty Group | $364,500 | |
| Listed by Stevens Realty Group | |||
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The perfect location does exist, just 60-miles from NYC and minutes from Metro North you will find this adorable raised ranch home. Situated on a lush level lot in a well established family neighborhood. You will be surrounded by Hudson Valley amenities; restaurants, local shopping, hiking, boating, and so much more! On the main level of this home you will love the open floor plan. The kitchen, dining room, and living room all flow together giving you the ability to entertain family and friends. From the dining room there is access to a screened-in-porch with access down to the backyard. The living space features a beautiful wood burning fireplace perfect for those cold winter nights. As you make your way through the main level you'll appreciate the well maintained hardwood floors leading to the three bedrooms and two full bathrooms. The lower level has great bonus space, half bathroom, and laundry space. From the lower level there is access to your one-car garage. This is a must see home in the desirable Town of New Windsor. The manager has listed the unit size as 1863 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017