5391 SUMMIT DRIVE
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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | Listed by Long & Foster Real Estate, Inc. | $1,525,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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This beautiful home was completely rebuilt in 2015. Tucked away in a peaceful Fairfax neighborhood, 5391 Summit Drive is the kind of home that immediately feels welcoming—where thoughtful updates meet everyday comfort. From the moment you arrive, there’s a sense of ease and warmth that makes you want to slow down and stay awhile.
The main living spaces are open, comfortable, and perfectly suited for both everyday living and special moments. Whether it’s cozy evenings on the couch (in front of one of the two fireplaces), hosting friends for game day, or celebrating milestones, the layout flows effortlessly and invites connection. Updated flooring, modern touches, and a soft, neutral palette make it easy to imagine adding your own personal style.
The kitchen is a true heart-of-the-home space—refreshed and ready for everything from quick weekday meals to weekend gatherings. With updated finishes and a functional layout, it’s a place where conversations naturally linger and memories are made.
Bedrooms offer a peaceful retreat, each providing comfort and flexibility for rest, work, or creative space. The lower level adds incredible versatility, featuring a spacious rec room perfect for movie nights, play space, or casual entertaining, along with a bedroom or office ideal for working from home. The updated bathrooms feel clean, fresh, and thoughtfully designed, bringing a little everyday luxury to your routine, and the attached two-car garage adds convenience and ease to daily life.
Step outside and you’ll find a setting that offers both privacy and potential—a place to enjoy morning coffee, unwind in the evenings, or entertain during warmer months. It’s the kind of outdoor space that invites you to slow down and enjoy the moment. The fully fenced in backyard is a quiet oasis, nestled along a border of trees and greenery.
One of the most special aspects of living here is the street itself. Summit Drive is a quiet loop tucked into the woods, making it incredibly walkable and wonderfully private. In the warmer months, it’s common to see neighbors out for evening strolls, creating a friendly, connected feel within this peaceful little circle. It’s a rare blend of nature, community, and calm.
All of this is set in a highly desirable Fairfax location, offering the rare balance of wooded tranquility and easy access to shopping, dining, parks, and major commuter routes.
5391 Summit Drive isn’t just an updated property—it’s a place to put down roots, build memories, and truly feel at home.
Special financing incentives available on this property from SIRVA Mortgage.
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| Mar 30, 2021 | Sold | ||
| Sold | |||
| May 2, 2016 | Sold | ||
| Sold | |||
| Feb 3, 2016 | Listed by RE/MAX Gateway, LLC | $999,990 | |
| Listed by RE/MAX Gateway, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017