83 Summit Ridge Dr
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 7, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | Listed by Century 21 Professionals | $1,100,000 | |
| Listed by Century 21 Professionals | |||
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Oversized Ranch home with attached 2 car garage nestled in a wonderful Highlands location. This home has had many updates!! The home was totally renovated in 2010 with a beautiful new kitchen. double oven, large center island, lots of storage draws and cabinets, cooktop, coffee bar and tiled backsplash. The 3 bathrooms on the main floor were renovated, 1/2 bath made into a full bath with laundry and 2 of the bathrooms have programable radiant heated floors. Living room with French doors and custom built-in cabinets. Other updates; hardwood floors, Harvey windows, vinyl siding, central vac, and fireplace wood stove insert. Huge finished basement with family room, pool table, bedroom and full bath. There is also lots of unfinished area for storage. Large back deck surrounded by mature trees and beautiful landscaping. Front patio was recently replaced and many new plantings added. Heating system and central A/C replaced in 2017, hot water heater replaced 2/2023.
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| Jan 31, 2007 | Sold | ||
| Sold | |||
| Jul 28, 2006 | Listed by Century 21 Professionals | $579,900 | |
| Listed by Century 21 Professionals | |||
| Jun 16, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017