571 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 |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2023 | Listed by eXp Realty - Inspired Living Group | $675,000 | |
| Listed by eXp Realty - Inspired Living Group | |||
| Oct 18, 2023 | No longer available | - | |
| No longer available | |||
| Sep 3, 2023 | No longer available | - | |
| No longer available | |||
| Sep 1, 2023 | Listed by Resident Realty | $720,000 | |
| Listed by Resident Realty | |||
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This special property is situated on 1.16 acres that offers one level living with 2 bedrooms, 2 baths and a office with stunning mountain views that include Longs Peak and a Lake Estes views. Built in 1951, and used as the Rectory house for Our Lady of the Mountains Catholic Church, the house has been immaculately maintained and updated through the years. Living room with a cozy fireplace, updated kitchen with granite counters and you will enjoy the hardwood floors in the living room, kitchen, and large primary bedroom suite with reading area. Oversized 2 car attached garage with plenty of storage, plus a new roof! Wonderful outdoor areas including privacy fenced yard with a patio and a covered front porch. This house could easily be converted into a 3 bedroom/3 bath house, floor plan included with documents The manager has listed the unit size as 2339 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017