45922 Summit Road
About This Property
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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 |
|---|---|---|---|
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed | $874,973 | |
| Listed | |||
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Welcome to 45922 Summit Road, where country living gets a stunning modern makeover! Nestled on 5 sprawling acres in Parker, this beautifully renovated 6-bedroom, 3-bathroom ranch-style home offers the perfect blend of space, style, and functionality. From the moment you arrive, you'll appreciate the fresh exterior paint, new garage doors, and charming gazebo that create instant curb appeal.
Inside, nearly every surface has been refreshed with today's buyer in mind. The bright and inviting interior features new paint, new laminate flooring, plush new carpet, and updated interior doors throughout. The completely redesigned kitchen is the heart of the home, showcasing brand-new cabinetry, gorgeous countertops, stylish backsplash, and new appliances ready for everything from weeknight dinners to holiday gatherings.
The spacious primary suite feels like a private retreat with an all-new luxury bathroom, while the hall and basement baths have been tastefully updated. An additional office provides the perfect space for remote work, homeschooling, hobbies, or a quiet reading nook.
Outside, the possibilities are endless. The 5-acre property includes two outbuildings and an additional storage shed, offering ample space for equipment, workshop projects, livestock, recreational vehicles, or all the toys that come with Colorado living. The attached 2-car garage adds everyday convenience, while the expansive acreage provides room to roam, entertain, garden, or simply enjoy the breathtaking Colorado sunsets.
For added peace of mind, the home comes with a roof certification, allowing you to move in and start enjoying your slice of Parker paradise from day one. If you've been searching for a turnkey acreage property with modern updates, abundant space, and endless potential, Summit Road is ready to welcome you home.
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| Mar 18, 2026 | Sold | ||
| Sold | |||
| Mar 8, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017