3051 Summercrest 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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by LPT Realty, LLC | $415,000 | |
| Listed by LPT Realty, LLC | |||
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Nestled in the well established golf community of Silverlake, this beautiful home has soaring ceilings, 2 bedrooms 2 full baths downstairs, with Plantation shutters throughout. Ceiling fans, This sunlit open concept home features a very large island kitchen with upgraded solid maple cabinets & serving/breakfast bar. The spacious kitchen opens to the large family room. It has Corian countertops, five burner gas cooktop, easy to clean tile backsplash and flooring. The family room features 2 story ceiling, fireplace, and a wall of windows overlooking the backyard. Large master bedroom located at the rear of the home for privacy. It features a glamorous master bath with double vanities, an oversized whirlpool tub & separate shower. Just up the stairs, see 2 bedrooms,1 full bath, game room, and a built-in office nook. Large backyard to enjoy the family and room to play! This is a rare gem, so many designer touches! Make your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017