11534 Summit Rock COURT
About This Property
Secondary bath offers a bathtub. There is plenty of space for entertaining on your pool deck and spacious for a large table. Home has been very lightly lived w very open floor plan with a split bedroom plan. Enjoy the communities amenities with a clubhouse, swimming pool, dog park, playground and golf cart friendly streets. Located with easy access to I-75 for the commute to Sarasota, St Pete and Tampa along with nearby shopping, dining and entertainment. Priced very aggressively. Some furnishings will be available under a separate bill of sale.
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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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Relisted | $409,900 | |
| Relisted | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
| May 20, 2024 | Listed by COLDWELL BANKER REALTY | $409,900 | |
| Listed by COLDWELL BANKER REALTY | |||
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About Kingsfield Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017