1500 Summit ST #4
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 3, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Price Decreased |
$850,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| May 23, 2025 | Listed by Kuper Sotheby's Int'l Realty | $900,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| |||
|
*Owner Financing with 4.5% rate for up to 5 Years**Welcome to The Summit of Austin. This stunning three-story condo, was renovated with thoughtful design elements throughout. From the moment you walk in, you’ll notice an open, light-filled layout that perfectly balances comfort and sophistication. The crown jewel of this complex, it offers panoramic skyline views; the expansive rooftop balcony legitimately offers some of the most picturesque views of the city, it’s the perfect setting for morning coffee, evening cocktails, or simply unwinding while taking in the city lights.
Located in the heart of Austin, this home places you moments away from one of the city’s most dynamic and sought-after neighborhoods. Indulge in the eclectic local food scene, with award-winning restaurants, craft cocktail bars, and food trucks just around the corner. For outdoor enthusiasts, you're minutes from Austin’s scenic hike and bike trails, including Lady Bird Lake trail—ideal for morning jogs, leisurely walks, or biking adventures.
This property isn’t just a place to live—it’s a lifestyle. Experience the best of urban living with the charm, culture, and nature that make Austin truly unique.
| |||
| Apr 1, 2025 | No longer available | - | |
| No longer available | |||
| Oct 15, 2024 | Listed by Volt Realty | $995,000 | |
| Listed by Volt Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/23/2025
|
3 Bed
|
3 Bath
|
2488 ft²
|
$900,000
3 Bed
3 Bath
2488 ft²
|
$850,000
-5.56%
05/23/2025
|
Grant Thomas
Kuper Sotheby's Int'l Realty
| |
|
05/08/2025
|
3 Bed
|
3 Bath
|
2515 ft²
|
$899,000
3 Bed
3 Bath
2515 ft²
|
-
-
|
Tony Elias
Volt Realty
| |
|
10/15/2024
|
3 Bed
|
3 Bath
|
2488 ft²
|
$995,000
3 Bed
3 Bath
2488 ft²
|
-
-
|
Tony Elias
Volt Realty
| |
|
05/17/2024
|
3 Bed
|
4 Bath
|
2488 ft²
|
$950,000
3 Bed
4 Bath
2488 ft²
|
-
-
|
Tony Elias
Volt Realty
| |
|
10/06/2023
|
3 Bed
|
4 Bath
|
2488 ft²
|
$799,000
3 Bed
4 Bath
2488 ft²
|
$799,000
10/06/2023
|
Susan R. Brown
Kuper Sotheby's Int'l Realty
| |
|
04/16/2021
|
3 Bed
|
4 Bath
|
2487 ft²
|
$975,000
3 Bed
4 Bath
2487 ft²
|
-
-
|
Shaina Moats
Keller Williams, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017