31306 Summit Grove Lane
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 |
|---|---|---|---|
| Apr 29, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 10, 2026 | Price Decreased |
$570,000
↓ $40K
(6.6%) | |
| Price Decreased | |||
| Nov 15, 2025 | Listed by CB&A, Realtors- Loop Central | $610,000 | |
| Listed by CB&A, Realtors- Loop Central | |||
| Aug 26, 2020 | Sold | ||
| Sold | |||
| Jun 28, 2020 | Listed by Pryor Properties | $480,000 | |
| Listed by Pryor Properties | |||
| | |||
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5 or 6 bedrooms. Painted June 2020. 2014-CUSTOM LARGE SALT WATER POOL 7' deep WITH 8 person HOT TUB, WATER FALLS, landscaping, ENTERTAINMENT AREA outdoor TV and stereo system. Extended back patio with covered patio/porch w/ ceiling fan. One of the Largest Floor Plans. 2 stories of exceptional quality, granite, custom built cabinets, large island kitchen features a breakfast area and open to the family living area, ceiling fans, large study, formal dining, dry bar, walk-in closets, 2nd large living/game room UPSTAIRS separates 5 bedrooms or 4 and a extra media room with 2 full bathrooms; 1 is a Jack and Jill. Extra storage areas and walk-in closets. Large Master Retreat downstairs, tub separate shower, walk in closet. Windows to large Custom Salt Water Pool with waterfalls and night lights. Over-sized Detached 3 car garage covered breezeway. Brick all sides, sprinkler system, covered porches front and back. A rare find and must see! Great Location and neighborhood. Remote Gas fireplace.
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017