2311 SUMMIT POINT ROAD
About This Property
Experience timeless charm and modern sophistication in this beautifully renovated brick rancher, perfectly situated on more than an acre of serene countryside. Step inside to find genuine hardwood floors gracing the living room, hallway, and bedrooms, complemented by stylish luxury vinyl plank flooring in the kitchen and baths.
This thoughtfully designed home features 3 spacious bedrooms and 2 full bathrooms, offering both comfort and functionality. Enjoy peaceful pasture views from your windows and the tranquility of open space living-without the limits of an HOA. Additional outbuilding for your animals or storage needs.
Located just moments from Summit Point Raceway, with convenient access to Charles Town, Shepherdstown, Berryville, and Winchester, this home perfectly blends rural charm with accessibility.
With numerous high-end updates throughout, this property truly shows like new. Don't miss the opportunity to make this stunning property your next home! Fiber Available!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 13, 2026 | Sold | ||
| Sold | |||
| Feb 15, 2026 | In contract | - | |
| In contract | |||
| Jan 17, 2026 | Relisted | $383,000 | |
| Relisted | |||
| Dec 16, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Price Decreased |
$383,000
↓ $12K
(3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017