51 Summit 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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Listed | $559,500 | |
| Listed | |||
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This is the One You've Been Waiting For! Welcome to this stunning 3-bed, 2.5 bath blending charm, style, modern upgrades for perfect living. You'll feel the warmth & brightness as natural light pours through large windows. The renovated kitchen features sleek new flooring, elegant granite counter tops, stainless steel appliances -ready for your next culinary adventure. Step outside to your personal paradise-a beautifully designed backyard with deck, sparkling new pool, & saltwater hot tub, nestled in a fully fenced-in yard. Whether it's a BBQ or night under the stars, this outdoor oasis is the perfect backdrop to kickoff Summer. Just 5 minutes to the Commuter Rail! This home boasts numerous updates, including new entrance way, stylish new steps & handrails, upgraded front & back doors, new storm doors-giving it instant curb appeal & peace of mind. The finished basement is a versatile bonus area, ready to become whatever you envision! With the hardwork already done, it's move in ready
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| Jan 27, 2012 | Sold | ||
| Sold | |||
| Jun 1, 2011 | Listed by Easton Real Estate, LLC | $242,800 | |
| Listed by Easton Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017