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1264 Summit Point
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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%.
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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.
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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 |
|---|---|---|---|
| May 1, 2024 | No longer available | - | |
| No longer available | |||
| Apr 11, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by Shafran Realty Group | $1,875,000 | |
| Listed by Shafran Realty Group | |||
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Unparalleled Panoramic Ocean, Valley & Sunset Views in exclusive Rancho Dorado! Lives like a single-story w/ main-level primary suite. Peacefully situated atop the hills of San Marcos on a quiet cul-de-sac street, this immaculate home stands at the apex of quality & style w/ its idyllic location, expansive elevated view lot, refined interior & indoor-outdoor living. Once inside, you’re greeted by dramatic 2-story ceilings & beautiful wrought iron staircase opening to the formal dining room with double stacked windows & built-in buffet. Accented with two walls of windows, the adjacent living room offers an inviting space for relaxation & entertainment. Adorned w/ sit-down ocean views through large picture windows, the open concept of the kitchen & family room w/ fireplace & built-in media center combined w/ glass sliders to enjoy the ocean breezes offers an expansive feel extending the comforts of the interior outdoors. Gourmet kitchen equipped w/ quartz counters, butler’s pantry & island w/ breakfast bar. Lavish 1st-floor primary suite affords ocean & backyard views w/ glass sliders, dual vanities, jacuzzi tub, glass enclosed shower & large walk-in closet. Versatile upstairs loft w/ balcony showcasing ocean & valley views can easily be converted to optional 5th BR & offers jack-n-jill BA to 1 guest BR. 2 additional BRs share a 2nd jack-n-jill BA. 2nd level complete w/ laundry room & an office nook perfect for desk/reading area. Created to embrace the endless coastal views & encompassed by meticulous landscaping, the expansive backyard offers an above-ground spa, multiple patios, built-in BBQ & built-in firepit. Nearby Simmons Family Park, tot lot, & basketball court. Top-rated San Marcos Schools. Short distance to shops, restaurants, golf, parks & beach. Welcome Home! The manager has listed the unit size as 3393 square feet.
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| Mar 3, 2015 | Sold | ||
| Sold | |||
| Jan 30, 2015 | Listed by Coastal Premier Properties | $889,000 | |
| Listed by Coastal Premier Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017