1105 High Summit Drive
About This Property
The main floor boasts beautiful hardwood flooring throughout, while the spacious covered front porch invites you to relax and unwind. Inside, a generous bonus room offers plenty of flexibility for your needs. Two of the bedrooms offer walk-in closets, and the large primary bedroom is a true retreat with an en-suite bath complete with dual sinks and a soaking tub. Additional storage is available in the huge, mostly floored attic space with pull down stairs for easy access.
The home features durable fiber cement siding, a newly installed heat pump, and a small workshop in the garage. Outside, the fenced backyard and shed provide additional space for storage and outdoor activities. The backyard is a true retreat and completely private. The property extends beyond the fence, where you will enjoy watching families of deer and wild turkeys from your deck. No HOA! If you want access to amenities, Eagle's Ridge Golf Course is accessible from within South Mountain (walking distance) and offers various levels of reasonably priced memberships to include 3 golf courses, pools, fitness centers and club house with a bar and grill.
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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 |
|---|---|---|---|
| Feb 9, 2026 | Sold | ||
| Sold | |||
| Jan 5, 2026 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Listed by Coldwell Banker Advantage | $539,000 | |
| Listed by Coldwell Banker Advantage | |||
| Jun 30, 2022 | Sold | ||
| Sold | |||
| Apr 23, 2022 | Listed by Coldwell Banker Advantage | $474,000 | |
| Listed by Coldwell Banker Advantage | |||
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About South Mountain
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017