104 Summerall Lane
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 |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Sep 27, 2023 | Listed by Monument Realty | $120,000 | |
| Listed by Monument Realty | |||
| | |||
|
Bring your dreams to this beautiful land within 5 miles of Rocket, and Approx. 5 miles to Ferris and I45. They're not making any more land so don't let this opportunity pass. Water and Electric already present!
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| Sep 26, 2023 | No longer available | - | |
| No longer available | |||
| Apr 7, 2023 | Price Decreased |
$120,000
↓ $15K
(11.1%) | |
| Price Decreased | |||
| Dec 16, 2022 | Price Decreased |
$135,000
↓ $5K
(3.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017