L7.41 Summit Lake Road
About This Property
Discover your own secluded retreat with this 5.34-acre wooded parcel near beautiful Summit Lake. Nestled in a peaceful and private setting, this property offers the perfect location for your future cabin getaway or recreational escape. Towering trees provide natural beauty and privacy, with plenty of space to explore, relax, and enjoy the outdoors. Whether you're looking to build, camp, or invest, this serene slice of nature is a rare find.
Payment Calculator
Your Estimated Monthly Payment
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 9, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Listed by Whipple City Realty Group Inc. | $49,000 | |
| Listed by Whipple City Realty Group Inc. | |||
| Aug 19, 2025 | Price Decreased |
$50,000
↓ $5K
(9.1%) | |
| Price Decreased | |||
| Jul 19, 2025 | Listed | $55,000 | |
| Listed | |||
| | |||
|
5.34 Acres Near Summit Lake - Wooded & Private Cabin Site
Discover your own secluded retreat with this 5.34-acre wooded parcel near beautiful Summit Lake. Nestled in a peaceful and private setting, this property offers the perfect location for your future cabin getaway or recreational escape. Towering trees provide natural beauty and privacy, with plenty of space to explore, relax, and enjoy the outdoors. Whether you're looking to build, camp, or invest, this serene slice of nature is a rare find.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017