1108 SUMMERCHASE Drive
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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 |
|---|---|---|---|
| Dec 1, 2022 | Sold | ||
| Sold | |||
| Oct 28, 2022 | Listed by INI REALTY | $409,900 | |
| Listed by INI REALTY | |||
| Jul 1, 2020 | Listed by RE/MAX SPECIALISTS | $270,000 | |
| Listed by RE/MAX SPECIALISTS | |||
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Julington Creek Plantation home with updated kitchen and master bathroom on beautiful retention pond setting. New quartz solid surface countertops and stainless steel appliances, and backsplash, Roof is only two years old and home has freshly painted exterior. Open floor plan with volume ceilings. Master suite features a large walk-in closet, plenty of storage space and a lovely master bathroom that has both a custom tiled shower and a garden tub. Combined kitchen/living area has fireplace, and French doors opening to a screened, covered lanai. Community Amenities include Resort Style Pools, Full Gym, Tennis Courts, Golf Course, and more! Low CDD and HOA Fees!
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About Fruit Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017