5628 SUMMIT POINTE CIRCLE #102
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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Price Decreased |
$456,999
↓ $85K
(15.7%) | |
| Price Decreased | |||
| Apr 25, 2025 | Listed by LENNAR REALTY INC | $541,998 | |
| Listed by LENNAR REALTY INC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/25/2025
|
3 Bed
|
2 Bath
|
1741 ft²
|
$521,997
3 Bed
2 Bath
1741 ft²
|
$375,000
-28.16%
07/20/2026
|
David Meyers
EXP Realty LLC
| |
|
04/25/2025
|
3 Bed
|
3 Bath
|
2110 ft²
|
$541,998
3 Bed
3 Bath
2110 ft²
|
$418,000
-22.88%
10/29/2025
|
David Meyers
EXP Realty LLC
| |
|
02/20/2025
|
3 Bed
|
2 Bath
|
2110 ft²
|
$529,990
3 Bed
2 Bath
2110 ft²
|
$430,000
-18.87%
09/25/2025
|
Jason Van Cleave
FINE PROPERTIES
|
Building Info
About Legends Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017