11 Summit Oaks
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 |
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| Feb 27, 2023 | Sold | ||
| Sold | |||
| Dec 20, 2022 | Listed by C-21 DEAN GILBERT, REALTORS | $720,000 | |
| Listed by C-21 DEAN GILBERT, REALTORS | |||
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Upon entering the stone, iron, secure, gated community you will be enchanted by the meandering drive through the trees. It's your escape from the traffic, hustle and bustle of the city.Upon entering the home, you will notice the natural surfaces of flooring, cabinets and countertops. The cook's kitchen boasts a large island, built in fridge and commercial double oven gas range with flat grill. Perfect for big family gatherings or entertaining.The primary bedrm has an amazing on-suite bath with his-her closets, double vanities, a large shower and separate soaking tub and even includes its own adjacent laundry rm.The downstairs office has its own entrance.There is a large living rm with stone fireplace downstairs. Upstairs is a media room and a bonus room with an adjacent mother-in-law suite consisting of a living area and kitchen with another commercial grade range and dishwasher. And a bedroom, bathroom and another laundry rm.It also has its own entrance.See attached list of amenities
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| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Feb 28, 2020 | Sold | ||
| Sold | |||
| Apr 10, 2019 | Listed | $579,500 | |
| Listed | |||
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Premier gated community close enough for easy jaunt to Lake Texoma! Close to shopping, hospitals, schools, Hwy 75 & Preston - Hwy 289, etc. This home is on a beautiful corner lot with privacy setting in the back to enjoy from the patios! Exterior stairs lead to guest quarters over the garage. Wonderful park adjoining addition to enjoy nature walks & peaceful downtime. The master has two rooms, 18 x 14 and 17 x 12. Guest quarters has a bedroom, 18 x 13, living-kitchen 18 x 18, 8.9 x 4 bath with large walk-in shower and separate toilet closet and a utility room 7.5 x 4. Come see how you can enjoy the upscale country life with city amenities! Call me today! The manager has listed the unit size as 5075 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017