7 Summit Drive
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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Relisted | $162,000 | |
| Relisted | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by Naples Realty Group | $369,900 | |
| Listed by Naples Realty Group | |||
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This beautifully updated dutch colonial is ready for its new owners! Enter into a spacious living room with wood fireplace, hardwood floors, custom coat rack, and an abundance of natural light. Make your way into the remodeled kitchen with plenty of cabinet space, concrete counters, and stainless steel appliances that opens to a dedicated dining room. There is a full bath with newer vanity, tub with tiled shower and a bedroom that complete the first level. Upstairs are three generously sized bedrooms all with engineered wood flooring and plenty of closet space. An updated full bath with tub/shower combo finishes up the second level. Outside there is a beautiful two tier patio area complete with stone walls, an oversized Barnyard shed, and a fully fenced yard! Additional features like a new roof and oil tank (2015), kitchen slider and front door (2024). Don't miss your opportunity to tour this incredible home before its too late ! Open House on Sunday June 29th from 12-1:30pm!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017