704 Summit Ridge
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 30, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2023 | Listed by Coldwell Banker Apex, REALTORS | $460,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| | |||
|
“WOW! SELLER IS OFFERING $10k RATE BUY DOWN or APPLIED TOWARDS CLOSING COSTS.”Welcome to this charming home featuring pristine hardwood floors in the formal areas and kitchen, creating a warm and inviting atmosphere. The kitchen boasts elegant granite countertops, abundant counter space, and gleaming white cabinets, complemented by top-of-the-line KitchenAid stainless steel appliances, including a convenient gas range. The spacious master bedroom on the lower level offers a luxurious retreat with an upgraded master bathroom showcasing a contemporary frameless shower, a freestanding tub, updated cabinets, and granite countertops, accompanied by an efficient Elfa closet system. The hall and powder baths have also been tastefully updated. Ample storage space is available throughout the house. The recent addition of poured concrete in the driveway and patio enhances the exterior appeal, while the newly constructed retaining wall in the landscaping bed provides added charm.
| |||
| Feb 6, 2020 | Sold | ||
| Sold | |||
| Jan 4, 2020 | Listed by Northbrook Realty Group | $349,900 | |
| Listed by Northbrook Realty Group | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About The Summit
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14253261
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017