4 Summit Lake Drive
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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 |
|---|---|---|---|
| Sep 8, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Jane Byrd Properties INTL. | $815,000 | |
| Listed by Jane Byrd Properties INTL. | |||
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Stunning plantation style home in quiet cul-de-sac w/gorgeous 2nd floor balcony, oversized wooded lot, circular dr, & unbelievable backyard oasis. A chic contemporary style w/an amazing open concept floorplan showcasing a captivating view of backyard & pool from every room. Exquisite entryway with winding staircase, contemporary lighting, formal living & dining areas & a humongous den that boasts sensational brick & tile fireplace w/19ft ceilings, wooden beams. Den opens to a world class kitchen ideal for entertaining w/banquette seating, full wet bar, 2 oversized islands, walk in pantry, built in full glass cabinet w/space for tv, high end appliances & baking cabinet w/exclusive Armony Italian cabinetry. Primary bedroom w/own study, Perla Venata Leather Granite fireplace. Primary bath has Soaking tub, walk in closet w/Presotto Italian cabinetry. Backyard features 20x40ft heated pool/spa w/Pebble Tec finish. Gigantic lodge style covered outdoor kitchen, bar, fireplace & seating area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017