13403 Summer Villa Lane
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2021 | Listed by Ai Realty | $285,000 | |
| Listed by Ai Realty | |||
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JUST LISTED
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| Sep 27, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed | $254,900 | |
| Listed | |||
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Charming 5-bedroom home located next to the nature reserve (no side neighbors on the west side of the lot), all at an amazing price! The first floor boasts an open floorplan, with tons of natural light! The master retreat and utility room conveniently located downstairs, with 4 spacious guest bedrooms and a gameroom/study upstairs. Lots of updates throughout (see attached information sheet). The huge, covered back patio is the perfect place to entertain or unwind, as you overlook the nature reserve and walking trails nextdoor! This home is in a prime location, with easy access to Beltway 8, Lake Houston, and an abundance of dining, shopping, and entertainment options located nearby. Highly desirable Summerwood has great community amenities, including two sparkling swimming pools, tennis courts, splash pad, wooded parks, nature walking trails, two clubhouses, beautiful lakes, Houston Fire Station 105, Precinct 3 Constable Deputies on patrol, and much more! Come see for yourself today! The manager has listed the unit size as 2793 square feet.
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About Summerwood
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Last Updated: 5 months ago
Data Source: HAR , MLS# 60755825
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017