877 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 |
|---|---|---|---|
| Dec 8, 2023 | Sold | ||
| Sold | |||
| Oct 2, 2023 | Listed by RE/MAX Action | $389,000 | |
| Listed by RE/MAX Action | |||
| Sep 30, 2023 | No longer available | - | |
| No longer available | |||
| Sep 11, 2023 | Listed by RE/MAX Action | $419,000 | |
| Listed by RE/MAX Action | |||
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A beautiful two-story home nestled perfectly on a premium site in The Lindens of Aurora. Backing up to forest preserve, this natural canvas allows added privacy while reaping the benefits from the swath of land and water that provide pretty seasonal views, amazing sunsets and a host of interesting wildlife creating an outdoor experience like no other. The Prairie Path is one of the largest models at an impressive 3,670 sq. ft. of total living space (including basement). This spacious layout strikes the perfect balance between formal and open spaces, providing both privacy and flexibility. Thoughtfully chosen options and upgrades blend nicely with recent stylish updates making this home really special. Meticulously maintained by one owner. This home boasts a functional floor plan that nicely accommodates today's living, including a first-floor office/den, plenty of flex space and wide-plank luxury vinyl flooring throughout the entire main floor. Welcome your guests from the grand two-story foyer that leads to the soaring Living Room and formal Dining Room defined by architectural columns. The heart of the home is truly the Kitchen/Eating Area featuring a center island, an abundance of 42" cabinets and granite counters, pantry and built-in buffet. The EXTENDED Eating Area is an upgrade that's rare, ideal for entertaining and gathering and is the access point to the picturesque backyard. An EXTENDED Family Room flooded with natural light, a private Office/Den, Laundry Room and Powder Room completes the first floor. The Primary Suite features a huge walk-in closet and spa-like bathroom. An open loft area leads to the 3 additional bedrooms upstairs. The unfinished basement offers versatility to finish for additional living space and the concrete crawl is ideal for storage! Two car garage w/exterior access to the backyard. Speaking of the yard...perfectly manicured all the way around offering a large paver patio accessed from the Kitchen sliding glass door. Many big-ticket items done including: roof/gutters/ridge vent, windows & sliding glass door (warranty included), wide-plank luxury vinyl flooring, TRANE furnace w/humidifier (warranty included), Rheem A/C, extraPURE whole-house water system, HWH, granite countertops and farmhouse sink w/gooseneck faucet in Kitchen and overhead garage door & garage door opener. The manager has listed the unit size as 2820 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017