5 Summit Ridge Road
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%.
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 |
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| Feb 23, 2026 | Listed by RE/MAX Benchmark Realty Group | $689,900 | |
| Listed by RE/MAX Benchmark Realty Group | |||
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Town of Newburgh Ranch. Centrally located. Professional pictures to follow.
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| Oct 21, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Aug 3, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by RE/MAX Benchmark Realty Group | $649,900 | |
| Listed by RE/MAX Benchmark Realty Group | |||
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Located on a private, wooded lot in an executive neighborhood, this gorgeous mid-century style home offers a spacious open floorplan with room enough for everyone. The main floor features two family rooms, one is a step-down off the dining room and the other has a wood-burning fireplace that opens into a bright, all season room overlooking the backyard. The large eat-in kitchen was recently renovated with ample cabinets and counterspace. The home boasts a beautiful in-ground heated pool surrounded by a sprawling deck - great for entertaining!! The lower level provides plenty of room for extended family with large recreation room complete with wet bar! Additional room perfect for bedroom or home office. Many updates within the last five years, including -- new furnace, 2019; new pool liner, 2021; new roof in 2020 & whole house generator. Centrally located --close to parks, wineries, hiking and Newburgh waterfront + minutes to Metro-North train, I-84, & Thruway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017