864 Summit Dr
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 |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Price Decreased |
$1,375,000
↓ $50K
(3.5%) | |
| Price Decreased | |||
| Jun 28, 2024 | Price Increased |
$1,425,000
↑ $50K
(3.6%) | |
| Price Increased | |||
| Jun 17, 2024 | Listed by Derrick Fowler | $1,375,000 | |
| Listed by Derrick Fowler | |||
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Welcome to your new home in Summit Cove. This tastefully remodeled 4 bedroom home has it all! Let's start with the interior: Main floor primary bedroom, views of Buffalo mountain from the media room and bedrooms, remodeled chef's kitchen with granite and SS appliances, hardwood and custom tile flooring, open concept great room/kitchen. Now let's head outside: This is rare - a huge, fully fenced and private backyard boasting a pavilion, hot tub, and bbq deck. Storage: Two car garage, and large walkable crawlspace. Location: Just minutes from the world class ski areas of Keystone and Arapahoe Basin, approximately 20 minutes to Breckenridge and Copper Mountain. Feeling energetic? Hop on the paved bike path and ride to all of Summit County or take it up a notch and ride to Vail! Need some quiet time on the river? The Snake River is only 5 minutes away. No HOA and mail delivery is another bonus.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017