7206 SUMMIT AVE
About This Property
A brick walkway leads to the welcoming front door and into the center hall foyer. Inside, you'll find refinished hardwood floors and freshly painted walls throughout. The spacious living room features a wood-burning fireplace and views of both the front and back yards. The formal dining room is perfect for hosting dinner parties and family gatherings, while the updated kitchen connects to an eat-in room that bridges both the kitchen and dining room. A convenient powder room is also on the main level.
Upstairs, the spacious primary bedroom is complemented by two additional well-sized bedrooms, an updated full bathroom and a linen closet.
The finished basement includes a full bath, a recreation room, a utility area, and flexible space ready to be customized to your needs. Outside, the slate patio in the private backyard offers a serene setting for outdoor enjoyment.
This property is ideally located within minutes of Brookeville Market, a pharmacy, Olympia Cafe, Rock Creek Park trails, Candy Cane City, and Shepherd Park, and local commuter routes.
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 |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Long & Foster Real Estate, Inc. | $1,390,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Chevy Chase
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,202 /mo
- 2 Beds
- 2 Baths
- 1,172 ft²
$4,500 /mo
- 1 Bed
- 1 Bath
- 1,027 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017