1203 Summit Blf 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 |
|---|---|---|---|
| May 20, 2022 | Sold | ||
| Sold | |||
| Mar 22, 2022 | Listed by Pecan Classic Realty | $850,000 | |
| Listed by Pecan Classic Realty | |||
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ONE OF A KIND wooded and gated property in Canyon Lake!! Awesome floorplan with expansive lake views throughout second floor! Main living situated on second floor with open kitchen, large den with stone fireplace, and ELEVATOR for easy access. Large bedrooms with great sized closets, outside storage areas, and unreal patios on both levels! This home was custom built to entertain large families, and comfort is not spared anywhere throughout. This property sits on 2.1 acres with unreal sunset/sunrise views, and has way too many extras to list. ONE YEAR old roof, built in exterminator system, auto-sweep system, downstairs game-room with storage/sink/refrigerator, full circle driveway, tons of parking, exterior and interior staircases, 2-3 car tandem garage, large circle driveway, and the list goes on and on! The 5th bedroom downstairs is currently being used as a shop, but is plumbed and ready for your personal preference! Great opportunity for a second home or STR investment!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017