32
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6417 Summit Ridge Drive
About This Property
Step inside to witness the breathtaking lake views that greet you from every room, providing a constant reminder of your scenic surroundings. The well-appointed kitchen serves as the heart of the home, featuring a spacious island and a gas cooktop, perfect for culinary enthusiasts and casual cooks alike. Its open layout ensures seamless entertainment options, leading to a cozy living environment. Enjoy the everyday luxury of a home water filtration system, providing fresh, clean water throughout the home. Cook, wash, and hydrate with confidence knowing cleaner, filtered water is always at your fingertips.
The primary suite is designed as a private retreat, boasting a spa-like bathroom experience. The upgraded shower offers an oasis of relaxation, reminiscent of luxury day spas, ensuring a daily pampering routine. The additional bedrooms and bathrooms are thoughtfully designed providing comfort and privacy for residents and guests.
Extend your living space outdoors with an expansive deck that caters to the ultimate entertainment experience. Equipped with a grill and a fire pit, it's an ideal setting for hosting gatherings under the starlit Texas sky. For moments of sheer relaxation, the hot tub with its stunning lake view will become your personal haven.
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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 |
|---|---|---|---|
| Sep 12, 2026 | Relisted | $899,000 | |
| Relisted | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Price Decreased |
$899,000
↓ $16K
(1.8%) | |
| Price Decreased | |||
| May 2, 2026 | Price Decreased |
$915,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Feb 24, 2026 | Price Decreased |
$925,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017