2640 Summit Drive #103
About This Property
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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%.
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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.
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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 3, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | Listed by Jameson Sotheby's Intl Realty | $549,000 | |
| Listed by Jameson Sotheby's Intl Realty | |||
| | |||
|
Elegant and spacious, this 2-bedroom, 2.5bath ground-floor end unit in the highly sought-after Heatherfield community lives like a single-family home. Thoughtfully designed with custom upgrades, the home welcomes you with a grand foyer leading into a sunlit open-concept living and dining area perfect for entertaining or easily getting around. The gourmet kitchen features white cabinetry offering both beauty and functionality. Step outside to enjoy your private balcony, ideal for morning coffee or evening relaxation. The luxurious primary suite is a true retreat, boasting a walk-in closet and spa-like bath with a soaking tub, walk-in shower, double vanities, and a linen closet. The additional bedroom offers extra flexible living option plus a spacious den. Laundry/utility room with washer, dryer, and extra storage. Additional highlights include a heated garage with two parking spaces and a storage locker. Ideally located near premier shopping, dining, and transportation, this exceptional home offers comfort, style, and convenience all in one.
| |||
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | Listed by Coldwell Banker Realty | $549,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/04/2024
|
2 Bed
|
2 Bath
|
1400 ft²
|
$449,900
2 Bed
2 Bath
1400 ft²
|
$476,500
+5.91%
08/16/2024
|
Nancy Gibson
Goggin Real Estate LLC
| |
|
05/16/2025
|
2 Bed
|
2 Bath
|
1824 ft²
|
$549,000
2 Bed
2 Bath
1824 ft²
|
$561,000
+2.19%
07/03/2025
|
Chrys Athanasakos
Jameson Sotheby's Intl Realty
| |
|
04/18/2025
|
3 Bed
|
2 Bath
|
2000 ft²
|
$610,000
3 Bed
2 Bath
2000 ft²
|
$635,000
+4.10%
05/21/2025
|
Paula McGrath
@properties Christie's International Real Estate
| |
|
03/27/2025
|
3 Bed
|
2 Bath
|
2069 ft²
|
$552,000
3 Bed
2 Bath
2069 ft²
|
$540,000
-2.17%
06/04/2025
|
Chrys Athanasakos
Jameson Sotheby's Intl Realty
| |
|
01/13/2025
|
2 Bed
|
2 Bath
|
1400 ft²
|
$449,900
2 Bed
2 Bath
1400 ft²
|
$449,900
02/07/2025
|
Pete Mangione
Coldwell Banker Realty
| |
|
09/16/2024
|
2 Bed
|
3 Bath
|
1824 ft²
|
$549,000
2 Bed
3 Bath
1824 ft²
|
$549,000
10/17/2024
|
Colin Gubbins
Coldwell Banker Realty
| |
|
04/12/2024
|
3 Bed
|
3 Bath
|
2069 ft²
|
$575,000
3 Bed
3 Bath
2069 ft²
|
$552,000
-4.00%
05/29/2024
|
Martha May
Berkshire Hathaway HomeServices Chicago
| |
|
03/06/2024
|
3 Bed
|
3 Bath
|
2060 ft²
|
$599,000
3 Bed
3 Bath
2060 ft²
|
$617,500
+3.09%
04/01/2024
|
Vittoria Logli
@properties Christie's International Real Estate
| |
|
11/27/2023
|
3 Bed
|
3 Bath
|
2063 ft²
|
$549,000
3 Bed
3 Bath
2063 ft²
|
$500,000
-8.93%
01/31/2024
|
Jim Stavros
Anthony Stavros
| |
|
03/22/2023
|
1 Bed
|
2 Bath
|
1365 ft²
|
$329,900
1 Bed
2 Bath
1365 ft²
|
$335,000
+1.55%
04/24/2023
|
Martha May
Berkshire Hathaway HomeServices Chicago
| |
|
08/18/2020
| |
Loft
|
2 Bath
|
-
|
$360,000
Loft
2 Bath
|
-
-
|
Stevie Sims
Engel & Volkers Chicago
|
|
03/27/2017
|
2 Bed
|
2 Bath
|
1604 ft²
|
$360,000
2 Bed
2 Bath
1604 ft²
|
$346,000
-3.89%
05/10/2017
|
Ellen Stern
Berkshire Hathaway HomeServices Chicago
| |
|
03/09/2017
|
2 Bed
|
2 Bath
|
1604 ft²
|
$360,000
2 Bed
2 Bath
1604 ft²
|
$345,000
-4.17%
06/30/2017
|
Alice Choi
Homesmart Connect LLC
| |
|
01/06/2017
|
2 Bed
|
2 Bath
|
1360 ft²
|
$324,000
2 Bed
2 Bath
1360 ft²
|
$310,000
-4.32%
08/15/2017
|
Maureen Mohling
@properties Christie's International Real Estate
| |
|
04/01/2008
|
2 Bed
|
2 Bath
|
1964 ft²
|
$475,000
2 Bed
2 Bath
1964 ft²
|
$417,500
-12.11%
07/02/2008
|
Janet Staackmann
@properties Christie's International Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017