3318 N Summit Pointe 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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | Listed by The Agency | $2,275,000 | |
| Listed by The Agency | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 2, 2021 | In contract | - | |
| In contract | |||
| Dec 10, 2020 | Listed | $1,699,000 | |
| Listed | |||
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Located in 24-hour guard gated Summit Pointe Estates, this 2-story 5 Bed/4.5 Bath home has been fully renovated with new kitchen, bathrooms, hardwood floors, and custom cabinetry throughout. Grand entry w soaring ceilings, step down Living & Dining Rooms. Brilliant light makes the crystal chandeliers sparkle. High-end Chef's Kitchen w SS Filli Bertazzoni appliances, marble counters & center island. Bfast bar open to Fam Rm w textured stone FP. Sliding glass doors lead to concrete patio for al fresco dining & large grassy yard w jungle gym & ample room for a pool. Primary Suite upstairs offers large WIC & decadent bathroom w double vanity, walk-in shower, soaking tub & separate toilet room. 3 addtl bedrooms upstairs, incl 2 baths - one J&J, one en-suite. Fifth en-suite Bed/Ba downstairs + Gallery, Powder Rm & Laundry Rm leading to 3-car garage. IQ Air, Nest, H2O filtration, 2-zone HVAC, over $400K improvements. This is a great opportunity to take ownership of this beautifully done home. The manager has listed the unit size as 3279 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017