11651 Tranquility Summit Drive
About This Property
Hike/bike trails, pools, splashpads, gym, tennis, pickleball, basketball & kayaks.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Nov 3, 2023 | Listed by United Real Estate | $425,000 | |
| Listed by United Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/13/2025
| |
3 Bed
|
2 Bath
|
2052 ft²
|
$440,000
3 Bed
2 Bath
2052 ft²
|
$425,000
-3.41%
05/09/2025
|
Erica Beyer
CB&A, Realtors- Loop Central
|
|
11/03/2023
| |
3 Bed
|
3 Bath
|
2052 ft²
|
$449,000
3 Bed
3 Bath
2052 ft²
|
$425,000
-5.35%
04/19/2024
|
Kathy Arnold
United Real Estate
|
|
03/05/2020
| |
3 Bed
|
3 Bath
|
2049 ft²
|
$329,738
3 Bed
3 Bath
2049 ft²
|
$313,200
-5.02%
08/04/2020
|
Lance Loken
Keller Williams - Platinum Houston
|
Building Info
About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017