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61 Summitcrest
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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 |
|---|---|---|---|
| Oct 1, 2026 | Listed by Redfin | $1,438,000 | |
| Listed by Redfin | |||
| Aug 3, 2025 | Price Decreased |
$1,599,000
↓ $51K
(3.1%) | |
| Price Decreased | |||
| Jul 18, 2025 | Listed | $1,650,000 | |
| Listed | |||
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Your Dream Home Awaits in Dove Canyon!
Welcome to this beautiful home nestled in the prestigious, guard-gated enclave of Dove Canyon. Boasting four spacious bedrooms and three and one-half bathrooms, this open-concept residence is the perfect blend of luxury, comfort, and California elegance.
As you step inside, you're greeted by soaring ceilings and abundant natural light that highlight the home's modern finishes and open, airy design. The main floor includes a private bedroom, ideal for guests or multi-generational living. The cozy family room features a fireplace and flows seamlessly into the gourmet kitchen—perfect for hosting gatherings or enjoying quiet evenings at home.
This home includes fireplaces in the living room, family room, and primary bedroom. The expansive primary suite offers high vaulted ceilings and dual walk-in closets, creating a true retreat. The living room boasts a dramatic high ceiling and large windows that flood the space with natural light, enhancing the home's bright and airy atmosphere.
Offering one of the most popular floor plans in the tract, this home also includes a beautifully landscaped yard with a covered patio—ideal for outdoor entertaining.
Located in one of Orange County’s most desirable communities, residents of Dove Canyon enjoy access to premium amenities including 24-hour guard-gated security, a resort-style pool and spa, lighted tennis and pickleball courts, scenic hiking and biking trails, community events, and beautifully maintained parks and play areas.
Whether you're entertaining, relaxing, or enjoying the outdoors, this exceptional home offers it all. Come experience the lifestyle that only Dove Canyon can offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017