78 SUMMIT DRIVE #C11
About This Property
The manager has listed the unit size as 625 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 |
|---|---|---|---|
| Apr 13, 2023 | No longer available | - | |
| No longer available | |||
| Mar 23, 2023 | In contract | - | |
| In contract | |||
| Mar 16, 2023 | Listed | $545,000 | |
| Listed | |||
| Jun 23, 2020 | Sold | ||
| Sold | |||
| May 22, 2020 | Listed | $305,000 | |
| Listed | |||
| | |||
|
Amazing residence with expansive views and quick access to everything Summit County has to offer. This end unit has great natural light, a gas fireplace, in-unit laundry, dining room space, and a large patio with northwestern views. This community is located near bike trails, restaurants and a bus stop for convenience. The strong HOA with onsite property management and low dues make this property an awesome full-time residence or investment. Great place to live the mountain lifestyle!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/16/2023
|
1 Bed
|
1 Bath
|
625 ft²
|
$545,000
1 Bed
1 Bath
625 ft²
|
-
-
|
Dishon Lutz
Real Estate of the Summit
| |
|
05/22/2020
|
1 Bed
|
-
|
625 ft²
|
$305,000
1 Bed
-
625 ft²
|
$290,000
-4.92%
06/23/2020
|
Dishon Lutz
Real Estate of the Summit
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017