11806 Summer Springs DRIVE
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 |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| Jun 16, 2024 | In contract | - | |
| In contract | |||
| May 4, 2024 | Price Decreased |
$459,900
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Mar 28, 2024 | Listed by CENTURY 21 EXECUTIVE TEAM | $469,900 | |
| Listed by CENTURY 21 EXECUTIVE TEAM | |||
| | |||
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Welcome to your dream home located in the quaint community of Summer Springs in Riverview! This spacious 4-bedroom, 2-bath haven boasts a delightful screened-in pool and elegant tile floors throughout, creating a perfect blend of comfort and style. The kitchen is a chef's delight with its stylish wood cabinets, stunning granite countertops, a convenient island, and a closet pantry for ample storage.
Step outside to your private oasis, where the screened-in pool beckons for relaxation or entertaining under the Florida sun. The community of Summer Springs enhances the charm with serene gazebo areas and enchanting community-owned butterfly gardens, providing a peaceful and welcoming atmosphere. Not only does this home offer a delightful living experience, but it also comes with practical benefits. Enjoy the convenience of very low HOA fees and the absence of CDD fees, making it not only a haven but also a wise investment. The location is ideal, with close proximity to A-rated schools, shops, restaurants, and easy access to I-75. Seize the opportunity to make this house your home. Call today to schedule a viewing and discover the exceptional lifestyle that Summer Springs in Riverview has to offer!
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| Aug 19, 2021 | Sold | ||
| Sold | |||
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About Riverview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017