24 Summit Ave
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 |
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| Jan 6, 2025 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Listed by Barrett, Chris. J., REALTORS® | $1,225,000 | |
| Listed by Barrett, Chris. J., REALTORS® | |||
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Historic Wakefield Park. 1920 Stucco colonial beautifully renovated to a modern flair & elegance. Sleek entry foyer with iron railings mirrors the outside & is open to both the LR and kitchen. Fireplaced living room, formal dining room with original built -ins. Kitchen features quartz waterfall breakfast bar, GE profile SS appliances, gas stove & recessed lighting The abundance of oversized windows enhances the bright, airy interior. Refinished walnut stained hardwood throughout. Sited on a knoll the farmers porch has commanding neighborhood views. The 4 generous sized bedrooms include a primary bath beautifully tiled, granite double vanity & step in glassed shower. Fabulous 3rd floor game room includes cathedral ceiling with skylights & exposed beams. The white stucco & black exterior trim beckons a craftsman's period feel. 2 story barn/garage w/ finished loft & mini split. Renovation included: New roof, plumbing, windows, 200 amp electrical, mini splits, driveway and vinyl siding.
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| Jul 23, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | Listed by Barrett, Chris. J., REALTORS® | $799,900 | |
| Listed by Barrett, Chris. J., REALTORS® | |||
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Ideally located Upper West side colonial with a farmers porch. Featuring an entrance foyer and entertainment sized rooms rooms, a split staircase and four second floor bedroom's including the primary with private home office. Don't miss the extra square foot in the useable walk up attic with two skylights. Great for a game room, home office. Additional extra space in an over sized detached two car garage with full walk up second floor, ideal for a private office, artist or photographer studio.Lots of opportunities to put your own finishing touches on this nicely located home. Pictures and floor plans to follow!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017