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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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Listed by Slifer Smith & Frampton - Summit County | $4,995,000 | |
| Listed by Slifer Smith & Frampton - Summit County | |||
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This incredible Summit Estates masterpiece boasts end of the road privacy and arguably one of the most dramatic and jaw dropping views in all of Summit County. This traditional and timeless mountain residence has a classic lodge style of great room with soaring vaulted ceilings, log beams and walls of glass to the west to soak in that amazing Tenmile Range View. The well appointed kitchen and intimate dining room are ideal for gathering with friends and family after a day of outdoor adventure. The Grand suite with separate sitting area is located on the main floor with another living area over the attached three car garage. The lower level can sleep the entire family and their friends for those epic ski trips that will be remembered for years to come. This property also comes with an adorable separate cabin/outbuilding that also has a private bathroom. The cabin can be used for almost anything, it can accommodate your snowmobiles, drift boats, classic cars or transition to a cigar smoke filled pool hall for late night laughter. The residence grounds are well landscaped and have a hot tub with a vertically suspended cover, so you don't miss those iconic peaks to the west!
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| Sep 30, 2015 | Sold | ||
| Sold | |||
| Mar 12, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017