36 Summerhill Avenue
About This Property
As soon as you walk in be wowed by the grand two story foyer. Teak wood through most of the first floor. Large living room and dining room to the right of the entrance, and office with bright bay window to your left that could be used as a 5th bedroom. Kitchen was renovated in 2018 with travertine tile, 42'' omega cabinets, under cabinet lighting, granite countertop, and stainless steel appliances. Sliding glass door leads to your resort style backyard. Half bathroom and laundry room also on 1st floor. Family room complete with vaulted ceiling, wood burning fire place for cold winter nights, stone accent wall with mahogany beam mantle.
Upstairs you will find your spacious primary bedroom with vaulted ceiling, 2 walk in closets, master bath with 2 separate vanities, stand up shower and large tub. 3 additional bedrooms with large closets and 1 more full bathroom upstairs.
Completely finished basement with dedicated workout area and custom wet bar that looks into a movie theater setup.
Don't forget your backyard oasis with pavers, concrete pad ready for a hot tub or outdoor kitchen, and beautiful in-ground pool with 3 year old pool liner. Extra bonus is the half court basketball setup.
Oversized 2 car garage with plenty of storage room. Conveniently located near shopping, restaurants and so much more. Don't miss out.
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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 |
|---|---|---|---|
| Apr 7, 2022 | Sold | ||
| Sold | |||
| Jan 31, 2022 | Listed by RE/MAX Central | $849,999 | |
| Listed by RE/MAX Central | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017