9 Kato Summit
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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Relisted | $2,800,000 | |
| Relisted | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by William Raveis R.E. & Home Services | $2,800,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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This spectacular custom-built cedar-shingled residence offers unmatched luxury and breathtaking panoramic views. This home features a dramatic two-story great room with walls of windows and a stunning see-through fireplace, elegantly dividing it from the dining area. The 1st floor presents a chef’s kitchen, a spacious walk-in pantry, formal office, mudroom, and powder room. The exquisite primary bedroom suite on the 1st floor is a true sanctuary, featuring a bluestone balcony, a lavish bathroom, an impressive walk-in closet, and laundry. The 2nd floor offers a second primary bedroom with a vast walk-in closet and opulent bath, three addt’l BRs, with en-suite or shared bath, and a 2nd laundry room. The stunning walkout LL incl. an entertainment area, wet bar, game room, exercise room, full bath w/changing room. The heated saltwater pool and spa, set amidst a granite patio and private surroundings, offers an idyllic setting for gatherings. This home epitomizes luxury and sophistication!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017