12315 Summerbrook 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 |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Jun 26, 2023 | Listed by Berkshire Hathaway HomeService | $300,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Welcome to one of the best kept secrets in the central north Houston area. THIS HOME IS PRICED TO SELL!! The Traces community is a small community located with convenient access to 45, 290, & the Beltway. The IAH airport is less than 20 minutes away for the frequent flyers and downtown Houston is less than 30 minutes away. This Highland home features 3 spacious bedrooms with 2 1/2 baths. All bedrooms are up for those that like to be in close proximity to secondary bedrooms. When you enter you'll be met with a grand 2 story entry. The kitchen is open to your main living area and features granite countertops. This home has a large pantry and a spacious back yard with a covered patio and no rear neighbors. Are you looking to plant roots in Houston? This home makes a great place to start. Schedule your appointment and get your offer in today! (REACH OUT TO ME FOR A FLYER FOR A SPECIAL PROGRAM FOR THE HOME!!!!)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017