4 Summercress Lane
About This Property
Welcome to 4 Summercress Lane!
This thoughtfully renovated Colonial home, beautifully updated in 2026 and filled with charm at every turn. This light-filled residence offers 5 bedrooms and 2.5 bathrooms, including a master bedroom featuring a walk-in closet and private en-suite bath. The bright interior showcases exposed brick accents that add warmth and character throughout. Enjoy brand new appliances, hot forced air & central AC system, in-ground utilities, and gas available in the street for future potential. The spacious layout is perfect for entertaining or everyday delight, while the backyard offers space for a Garden oasis. Blending timeless style with modern upgrades, this home delivers comfort, functionality, and endless potential in one beautiful package. Don't miss this opportunity to make this beautiful Long Island home yours!
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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 |
|---|---|---|---|
| Oct 15, 2026 | Relisted | $679,999 | |
| Relisted | |||
| Oct 15, 2026 | Price Increased |
$689,999
↑ $10K
(1.5%) | |
| Price Increased | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Price Decreased |
$679,999
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jun 18, 2026 | Price Decreased |
$689,999
↓ $10K
(1.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017