37
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5 Summit Road
About This Property
Upstairs, the bedrooms are generously sized, while the finished attic with its own full bath adds a flexible bonus space-ideal for guests, a home office, or creative use. The lower level includes another full bath and walk-out access to the yard, offering even more living potential.
Outside, the property includes a large detached two-car garage with a new roof, mature landscaping, and plenty of room to enjoy the outdoors.
Enjoy the charm of a classic Colonial with the perks of beach access, convenient train access, and the vibrant Port Washington lifestyle. Some photos are virtually staged.
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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 |
|---|---|---|---|
| Jul 17, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by Daniel Gale Sothebys Intl Rlty | $1,375,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017