7060 Summit Drive
About This Property
NEW 2026 POOL MOTOR
HOA $505.00 PER YEAR There is also a space for a fridge, making it perfect for cold drinks and gatherings. The front porch also showcases Tennessee flagstone, adding to the home's curb appeal. The front door is a storm door with privacy glass, and all locks are smart lock features. The exterior fence is a bit higher than the HOA requirement and was grandfathered in. Conveniently located on a golf course, residents can easily access the course right from their backyard.
The interior of this home is very inviting. Every room was freshly painted. The master bedroom features ocean blue walls, crown molding, and LVP floors installed in 2022. The 2 walk-in closets in the master bathroom include upgraded adjustable closet racks. The owner's suite bathroom is a luxurious retreat with a whirlpool tub, tile backsplash with shiplap, and a fully tiled standing shower. The indoor fireplace is a wood-burning fireplace, creating a cozy atmosphere. The chef's kitchen is equipped with a KitchenAid double oven, a flat surface cooktop, Whirlpool stainless steel appliances, and a fridge with an icemaker. The kitchen also features a riverstone backsplash, adding a touch of elegance. Throughout the house, you'll find LVP flooring installed 2022 in the living room and bedrooms, tile in wet areas, and hardwood in the dining room. The GE washer and dryer are included with the purchase of the home. Additional features include an AC unit installed in 2019 with a germicidal feature, a new water heater installed in 2021, and a Rainbird sprinkler system. The smoke detectors in the house are not just smoke detectors but also carbon monoxide detectors, ensuring extra safety for you and your family. This spacious home is well-maintained and kept very clean by the current owners. Conveniently located on a golf course, residents can easily access the course right from their backyard. Don't miss the opportunity to make this exceptional property your new home!
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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 |
|---|---|---|---|
| Sep 11, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Relisted | $589,900 | |
| Relisted | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| May 19, 2026 | Price Decreased |
$589,900
↓ $49K
(7.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017