38 Summit Meadows Circle
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%.
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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.
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 |
|---|---|---|---|
| Jul 21, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| May 29, 2024 | Listed by Berkley & Veller Greenwood/Dover | $499,000 | |
| Listed by Berkley & Veller Greenwood/Dover | |||
| Nov 16, 2018 | Sold | ||
| Sold | |||
| Jun 29, 2018 | Listed by Four Seasons Sotheby's Int'l Realty | $244,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
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Nestled on a gently sloping wooded lot, with winter mountain views, this house is minutes to the slopes and area shops and restaurants. Enjoy an evening on the back deck or relax by the cozy wood stove. The Lower level is a great spot for apres ski with easy entrance from the one car garage to a spacious area for outdoor gear storage, and a hot tub, sauna, and ¾ bath. The main level opens up with cathedral ceilings and lots of natural light through the chalet style floor to ceiling windows. The open floor plan makes entertaining easy. First floor bedroom and bath and three additional bedrooms and full bath on the second floor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017