408 SUMMIT DRIVE
About This Property
Step inside and immediately notice the fresh, modern feel with new luxury plank flooring flowing throughout the main living areas and plush new carpet in the bedrooms. The open floor plan creates an inviting atmosphere, ideal for both quiet evenings and lively gatherings. 🥂 You'll love the sophisticated touch of the elegant tray ceiling in both the living room and kitchen. The heart of this home is definitely the kitchen, featuring sleek granite countertops and top-of-the-line stainless steel appliances – a true dream for any home chef. 👩🍳
When it's time to unwind, head out to the back deck through the convenient slider door. This space is perfect for enjoying your morning coffee ☕ or an evening meal, and the fenced-in area is a fantastic bonus for pets 🐾 or anyone with a green thumb. 🌳 The spacious primary suite is your private oasis, complete with a large closet and an ensuite bath boasting a stylish stall glass shower. 🚿
For added convenience, this home features an attached 2-car garage with professionally installed epoxy flooring, making it easy to keep things tidy. And don't forget the covered front porch, a lovely spot to relax and soak in the peaceful community surroundings..🌸
Little Meadows Community 🏡: A quiet 55+ community centrally located between the beach 🏖️ and the bay 🌊. Close to shopping 🛍️, restaurants 🍽️, and medical facilities 🏥, and just a short distance from the marina. 🛥️
Experience comfortable and stylish living in this beautifully appointed home in Little Meadows – it's truly a gem! 💎
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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 |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Aug 18, 2025 | In contract | - | |
| In contract | |||
| Aug 11, 2025 | Price Decreased |
$315,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Jul 11, 2025 | Price Decreased |
$320,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jun 28, 2025 | Listed by Bayside Realty | $325,000 | |
| Listed by Bayside Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017