3179 SUMMIT SQUARE DRIVE #C5
About This Property
The manager has listed the unit size as 1000 square feet.
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Cap Rate Calculator
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 2, 2022 | No longer available | - | |
| No longer available | |||
| Oct 22, 2022 | Price Decreased |
$289,900
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Sep 23, 2022 | Price Decreased |
$299,900
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Sep 6, 2022 | Relisted | $309,900 | |
| Relisted | |||
| Sep 3, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/16/2026
|
1 Bed
|
1 Bath
|
1109 ft²
|
$300,000
1 Bed
1 Bath
1109 ft²
|
$295,000
-1.67%
08/19/2026
|
Arslan Jamil
Samson Properties
| |
|
04/15/2026
|
2 Bed
|
1 Bath
|
1346 ft²
|
$349,000
2 Bed
1 Bath
1346 ft²
|
$340,000
-2.58%
06/26/2026
|
Kieu Vance Ngoc Nguyen
Spring Hill Real Estate, LLC.
| |
|
02/11/2026
|
1 Bed
|
1 Bath
|
860 ft²
|
$305,000
1 Bed
1 Bath
860 ft²
|
$280,000
-8.20%
05/26/2026
|
Troy Sponaugle
Samson Properties
| |
|
11/02/2025
|
1 Bed
|
1 Bath
|
860 ft²
|
$280,000
1 Bed
1 Bath
860 ft²
|
$270,000
-3.57%
12/30/2025
|
Mingxia Luo
United Realty, Inc.
| |
|
09/03/2025
|
1 Bed
|
1 Bath
|
1109 ft²
|
$350,000
1 Bed
1 Bath
1109 ft²
|
$325,000
-7.14%
10/03/2025
|
Nancy Sorensen - Willson
Long & Foster Real Estate, Inc.
| |
|
08/22/2025
|
Studio
|
-
|
1109 ft²
|
$290,000
Studio
-
1109 ft²
|
$295,000
+1.72%
09/30/2025
|
Roz Drayer
TTR Sothebys International Realty
| |
|
12/09/2023
|
1 Bed
|
1 Bath
|
860 ft²
|
$269,900
1 Bed
1 Bath
860 ft²
|
$268,000
-0.70%
01/26/2024
|
Jina Hwang
BH Investment Realty. Inc.
| |
|
11/08/2023
|
2 Bed
|
2 Bath
|
1470 ft²
|
$375,000
2 Bed
2 Bath
1470 ft²
|
$363,000
-3.20%
12/11/2023
|
Tim Tieff
Keller Williams Chantilly Ventures, LLC
| |
|
08/26/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$319,900
2 Bed
1 Bath
1000 ft²
|
$319,900
10/10/2023
|
Rong Ma
Libra Realty, LLC
| |
|
08/03/2023
|
1 Bed
|
1 Bath
|
860 ft²
|
$289,000
1 Bed
1 Bath
860 ft²
|
$280,000
-3.11%
09/01/2023
|
Patti Mun
S & S Realty & Investment, LLC
| |
|
07/13/2023
|
2 Bed
|
2 Bath
|
1470 ft²
|
$359,900
2 Bed
2 Bath
1470 ft²
|
$370,000
+2.81%
08/07/2023
|
Greg Connarn
CENTURY 21 New Millennium
| |
|
08/27/2022
|
2 Bed
|
1 Bath
|
1000 ft²
|
$309,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
Magda Buzeiche
Fairfax Realty
| |
|
04/12/2022
|
2 Bed
|
1 Bath
|
1250 ft²
|
$325,000
2 Bed
1 Bath
1250 ft²
|
$315,000
-3.08%
05/16/2022
|
Cheryl Wood
Redfin Corporation
| |
|
03/23/2022
|
2 Bed
|
2 Bath
|
1470 ft²
|
$390,000
2 Bed
2 Bath
1470 ft²
|
$375,000
-3.85%
05/19/2022
|
Dianne Misleh
Weichert, REALTORS
| |
|
06/02/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$299,977
2 Bed
1 Bath
1000 ft²
|
$293,977
-2.00%
06/25/2021
|
John Rumcik
RE/MAX Gateway
| |
|
05/02/2020
|
2 Bed
|
2 Bath
|
1470 ft²
|
$358,000
2 Bed
2 Bath
1470 ft²
|
$358,000
07/21/2020
|
Adam Chiou
| |
|
06/03/2019
|
2 Bed
|
1 Bath
|
1250 ft²
|
$298,500
2 Bed
1 Bath
1250 ft²
|
$276,700
-7.30%
09/27/2019
|
Chirayu Shah
| |
|
10/12/2018
|
2 Bed
|
2 Bath
|
1470 ft²
|
$299,000
2 Bed
2 Bath
1470 ft²
|
$295,000
-1.34%
12/21/2018
|
Jennifer Young
| |
|
10/06/2015
|
1 Bed
|
1 Bath
|
860 ft²
|
$185,000
1 Bed
1 Bath
860 ft²
|
$180,000
-2.70%
02/05/2016
|
Kathy Campbell
Settle Down Real Estate, LLC
| |
|
06/19/2013
|
1 Bed
|
1 Bath
|
1109 ft²
|
$228,000
1 Bed
1 Bath
1109 ft²
|
$220,000
-3.51%
07/31/2013
|
Geri Deane
McEnearney Associates, Inc.
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017