6905 SUMMERSWOOD DRIVE
About This Property
This property truly shines when it comes to outdoor living. The bright sunroom opens to an expansive deck with a recessed hot tub, overlooking a beautifully designed patio with a firepit-a dream setup for entertaining or relaxing under the stars.
Updates include a modern primary bath, new hot water heater, and an energy-efficient heat pump. Beneath the carpet in the living and dining rooms lie original hardwood floors, ready to be revealed and refinished to your taste.
This home offers space, comfort, and an entertainer's dream backyard-all in an unbeatable location. Schedule your private tour today and fall in love with everything this home has to offer!
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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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | Listed by Redfin Corp | $569,000 | |
| Listed by Redfin Corp | |||
| May 31, 2025 | Relisted | $569,000 | |
| Relisted | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Price Decreased |
$569,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About Frederick
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$2,850 /mo
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$2,900 /mo
- 3 Beds
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- 2,304 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017