857 Summerhill 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 1, 2022 | Sold | ||
| Sold | |||
| Jun 20, 2022 | Listed by RE/MAX Professionals Select | $329,900 | |
| Listed by RE/MAX Professionals Select | |||
| May 18, 2019 | No longer available | - | |
| No longer available | |||
| Mar 13, 2019 | Listed | $274,900 | |
| Listed | |||
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Wow! This move-in ready home has panoramic views of the pond, forest preserve, sunsets, & all Mother Nature has to offer! The freshly painted interior is an 'agreeable gray' color with a 'hand scraped oak' flooring throughout most of the 1st floor. The vaulted family room has a brick, wood burning fireplace & new carpeting. Most of the interior lighting has been updated. All of the newer kitchen appliances are included. The Master Bedroom has a vaulted ceiling, & walk-in closet. The Master Bath has a taller vanity with double sinks, a separate tile shower & a oval soaking tub. There is a large first floor laundry room & a full basement! The entire home has had new windows installed in 2017 and the patio door was replaced in 2016. The yard has a pergola, brick paver patio, and a 5' cedar fence w/three gates! This home is just a short block to the neighborhood park, baseball diamond & pond. The home features a Nest thermostat, Ring Doorbell & Wireless Security System, and a 3 Car Garage! The manager has listed the unit size as 1885 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017