1322 Summer Forest Drive
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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 28, 2022 | Sold | ||
| Sold | |||
| Jun 25, 2022 | Listed by RE/MAX Leading Edge | $419,000 | |
| Listed by RE/MAX Leading Edge | |||
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Gorgeous home located on a cul-de-sac in the highly sought after master planned community of Greatwood. The park-like backyard is huge, with trails, koi/goldfish pond, fire pit, hot tub and pergola. Custom wooden shutters throughout, wood floors downstairs, stone fireplace, zoned air conditioning, sprinkler system, granite counters in kitchen, double sinks in both full bathrooms. Master bathroom features a stand alone shower and large soaking tub. Zoned to top-rated schools. Greatwood amenities include three neighborhood pools (one of which is within walking distance from this home and boasts a lazy river and full-sized water slides), walking trails, tennis courts, golf course, and thirteen (13) playgrounds.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017