251 Summit Road
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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.
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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 1, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Listed by RE/MAX MASTERS REALTY | $1,495,000 | |
| Listed by RE/MAX MASTERS REALTY | |||
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Sprawling Single-Story Pool Home in the Private Live Oak Neighborhood of La Verne. Set on an elevated lot in the highly desirable Live Oak enclave, this meticulously maintained single-story pool home offers exceptional privacy and expansive indoor-outdoor living. The manicured front yard features lush ground cover, mature privacy hedges, and trees, all surrounding a spanning front porch that welcomes you inside. Step into a bright living room with hardwood flooring, a dramatic floor-to-ceiling stone fireplace, a large bay window, and a sliding barn door that opens to a versatile gym or home office. The spacious kitchen and dining area showcases a vaulted open-beam ceiling with tongue-and-groove detail, a second stone fireplace, and a custom built-in wine cabinet. The remodeled kitchen includes classic white cabinetry, quartzite countertops, stainless steel appliances including a Wolf range with pot filler, a center island with bar seating, and a barn door that opens to a walk-in pantry. The oversized family room, open to the kitchen, features hardwood flooring, recessed lighting, a large picture window, sliding glass doors to the backyard, and a second barn door connecting to the gym/office. The bedroom wing includes a primary suite with hardwood floors, crown molding, a ceiling fan, a private slider to the backyard, and an primary bathroom with tiled floors, dual sinks, two closets, and a walk-in shower. Three additional bedrooms share an updated hallway bathroom with dual sinks, a walk-in shower, and a separate soaking tub. A dedicated laundry room offers a sink and storage cabinetry. The private backyard is an entertainer’s dream, featuring a sparkling pool with brick coping, multiple covered patios including one with a built-in barbecue and another with a pitched roof, a large grassy area with gardens, storage sheds, a gated driveway leading to a detached two-car garage.
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| Jul 6, 2018 | Sold | ||
| Sold | |||
| Apr 18, 2018 | Listed by GREAT WALL REALTY, INC. | $890,000 | |
| Listed by GREAT WALL REALTY, INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017