396 COVE BOULEVARD #6
About This Property
The manager has listed the unit size as 360 square feet.
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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 |
|---|---|---|---|
| Oct 11, 2022 | Sold | ||
| Sold | |||
| May 16, 2022 | Listed | $369,900 | |
| Listed | |||
| | |||
|
Great unit that is centrally located in Summit County. This 1 bedroom condo provides quick access to all the major ski resorts and is steps to the bike path. Very clean unit that has a remodeled bathroom. Washer & dryer in the unit is a huge bonus! Great opportunity to pick up a cute condo for full time living or as an investment with rental revenue. Bedroom is non conforming as there is no window. Low HOA dues, Storage closet outside the unit and overflow parking are nice perks. Hurry!
| |||
| Nov 29, 2018 | Sold | ||
| Sold | |||
| Nov 21, 2018 | No longer available | - | |
| No longer available | |||
| Oct 5, 2018 | Listed | $199,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/20/2025
|
1 Bed
|
1 Bath
|
360 ft²
|
$327,000
1 Bed
1 Bath
360 ft²
|
$305,000
-6.73%
11/07/2025
|
Angela Krieger
RE/MAX Properties Of The Summit
| |
|
03/24/2025
|
1 Bed
|
-
|
360 ft²
|
$325,000
1 Bed
-
360 ft²
|
$310,000
-4.62%
05/23/2025
|
Loretta Hernandez
Sterling Real Estate Group Inc
| |
|
10/04/2024
|
2 Bed
|
2 Bath
|
864 ft²
|
$550,000
2 Bed
2 Bath
864 ft²
|
$550,000
11/20/2024
|
Bret Weinstein
Guide Real Estate
| |
|
10/05/2023
|
1 Bed
|
1 Bath
|
376 ft²
|
$395,000
1 Bed
1 Bath
376 ft²
|
-
-
|
Matthew Stoia
Paffrath & Thomas Real Estate
| |
|
07/01/2023
|
2 Bed
|
1.5 Bath
|
833 ft²
|
$635,000
2 Bed
1.5 Bath
833 ft²
|
$625,000
-1.57%
08/15/2023
|
Dishon Lutz
Real Estate of the Summit, Inc.
| |
|
05/04/2023
|
2 Bed
|
1 Bath
|
833 ft²
|
$549,000
2 Bed
1 Bath
833 ft²
|
$535,000
-2.55%
06/28/2023
|
Allison Simson
Summit Real Estate-The Simson Group
| |
|
08/08/2022
|
2 Bed
|
1 Bath
|
864 ft²
|
$580,000
2 Bed
1 Bath
864 ft²
|
-
-
|
Carolyn Andrews
RE/MAX Alliance
| |
|
05/16/2022
|
1 Bed
|
1 Bath
|
360 ft²
|
$369,900
1 Bed
1 Bath
360 ft²
|
$345,000
-6.73%
10/11/2022
|
Tommy Gogolen
Thomas Properties of the Summit
| |
|
02/24/2022
|
1 Bed
|
1 Bath
|
360 ft²
|
$425,000
1 Bed
1 Bath
360 ft²
|
$420,000
-1.18%
03/25/2022
|
Debra Nelson
Nelson Walley Real Estate, LLC
| |
|
12/20/2021
|
2 Bed
|
1 Bath
|
864 ft²
|
$500,000
2 Bed
1 Bath
864 ft²
|
$535,000
+7.00%
02/04/2022
|
Ray Brueggemeier
Cornerstone Real Estate Co.
| |
|
10/05/2018
|
1 Bed
|
1 Bath
|
360 ft²
|
$199,000
1 Bed
1 Bath
360 ft²
|
$192,500
-3.27%
11/29/2018
|
Ned Walley
| |
|
08/21/2018
|
1 Bed
|
1 Bath
|
376 ft²
|
-
1 Bed
1 Bath
376 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017