12450 E Summerlin
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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 |
|---|---|---|---|
| Jan 28, 2025 | Sold | ||
| Sold | |||
| Jan 4, 2025 | In contract | - | |
| In contract | |||
| Dec 26, 2024 | Listed by Coldwell Banker Realty - The Woodlands | $439,000 | |
| Listed by Coldwell Banker Realty - The Woodlands | |||
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Lovely 3/4 Bedroom property with Formal Dining, Office. Lots of natural light with a wall of windows in the Living area, overlooking the sparkling pool and expansive back yard. Fully fenced, Fabulous 1/2 acre+ lot features pool and decking, play fort, added Sweet Olive and Magnolia trees. Enjoy the beauty of this natural setting. Many upgrades include recent roof. High and Dry in Zone X, convenient access to IH 45. Please ask for Features and Amenities list. Request your personal showing today! OPEN HOUSE DECEMBER 28!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017