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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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Sep 1, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | Listed by Slifer Smith & Frampton - Summit County | $7,795,000 | |
| Listed by Slifer Smith & Frampton - Summit County | |||
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This magnificent mountain residence sets the bar for modern luxury living with Tenmile Range and Breckenridge Ski Resort views that are second to none. Designed by Allen-Guerra Architecture and built by Pinnacle Construction, this home is perfectly site planned on its 2.66 acre lot to capture its forever view corridors and amplify the private and serene setting. There is nothing compromised throughout the thoughtful floor plan. The oversized gourmet kitchen overlooks your daily dining area and great room with its elegant up-sloping roof line that frames breathtaking mountain vistas. Serviced by the butler's pantry, the private dining room is highlighted by its curved walls that capture the Gore Range for memorable dinners that will linger for hours with friends and family. The Grand Suite and owner's office are on the main level for supreme convenience. The elevator will take you down to the lower level where you arrive at the heart of the entertainment space with a walk behind bar, which is highlighted by an artful and modern wine cellar. There is plenty of room on the couch for everyone to relax or catch the big game as well as play a round of shuffleboard or pool in the game room. Four en-suite bedrooms complement the lower level. The upper and lower-level outdoor spaces soak in the picturesque setting of this amazing Summit Estates home-site. The three-car garage will accommodate all vehicles as well the inevitable mountain gear from bikes to golf clubs to fly rods!
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| Aug 28, 2018 | Sold | ||
| Sold | |||
| Jun 2, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017