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5608 SUMMIT POINTE CIRCLE #101
About This Property
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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 2, 2026 | Sold | ||
| Sold | |||
| May 24, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by KELLER WILLIAMS ON THE WATER S | $399,000 | |
| Listed by KELLER WILLIAMS ON THE WATER S | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/20/2026
|
3 Bed
|
2 Bath
|
2110 ft²
|
$399,000
3 Bed
2 Bath
2110 ft²
|
$399,000
08/26/2026
|
Donna Turnbaugh
WAGNER REALTY
| |
|
02/12/2026
|
3 Bed
|
2 Bath
|
1741 ft²
|
$399,000
3 Bed
2 Bath
1741 ft²
|
$375,000
-6.02%
07/02/2026
|
Oday Marogi
KELLER WILLIAMS ON THE WATER S
| |
|
12/19/2025
|
3 Bed
|
2 Bath
|
2110 ft²
|
$469,597
3 Bed
2 Bath
2110 ft²
|
$399,000
-15.03%
03/30/2026
|
Robert Casella
PREFERRED SHORE
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017