12517 SUMMER PLACE
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by McEnearney Associates, Inc. | $1,350,000 | |
| Listed by McEnearney Associates, Inc. | |||
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Sneak peek photos of this renovated 5 bedroom, 4.5 bath home with rarely available dual primary suites - one on the main level and the other on the upper level, Impressive whole house renovation transforms this timeless beauty into a modern, luxury home with upscale finishes and functionality. Renovations include a brand new designer kitchen with all new stainless appliances, soft close cabinets, and quartz counter tops. The coveted main level primary suite with sitting room has a renovated spa bath complete with soaking tub, walk-in shower and dual vanities. The library and dining room have added accent walls and the mud room features convenient cubbies and a bench. The upper level boasts a 2nd primary suite with a sparkling new bath, and two enormous bedrooms that share a renovated buddy bath. The lower level has been newly finished and includes a rec room, theatre/flex space and a full egress in-law suite with walk-in closet and designer bath. The 2-car side load garage has been freshly painted and the floor epoxy coated. With gracious curb appeal and a well designed open floorplan with wonderful natural light - this is the perfect place to call home. The neighborhood is friendly and inviting with sidewalks, dual cul-de-sacs and access to miles of trails. Highly desirable Crossfield Elementary, Carson Middle, Oakton High School pyramid. Minutes to the Silver Line Metro, Reston Town Center, Tysons, Fairfax Corner and the Dulles Airport. Excellent commuter options with easy access to highways 50,66 and 28, plus the Toll Road.
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| Dec 4, 2023 | Sold | ||
| Sold | |||
| Dec 29, 1989 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017