11804 Summertime 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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | In contract | - | |
| In contract | |||
| May 20, 2024 | Listed by Keller Williams Realty The Woodlands | $245,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Exquisite 3 bed, 2 bath home in Summerwood Trails from DR Horton! Resting on a cul-de-sac lot with no rear neighbors AND no neighbors on one side, 11804 Summertime is a home you don't to want to miss! Beautifully constructed, the Abbot offers a spacious living room, kitchen open to dining area, and much more. Enjoy cooking in the gourmet kitchen featuring sparkling quartz counters, pantry, and stainless appliance package. Escape to the primary suite with oversized tile shower, dual sinks, and huge walk-in closet. Smart home features include video doorbell, programmable thermostat, and smart lights at the front entry. Don't forget the vinyl plank flooring throughout common areas, covered patio, and more! Conveniently located off FM 1097, enjoy easy access to Lake Conroe for fishing adventures, a quick commute via I-45, and a short 16-minute drive to Downtown Conroe. With an energy efficient design, this home is sure to be #1 on your list. Schedule your showing today and make it yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017