13430 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 |
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| Jul 26, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | Listed by BHGRE Gary Greene | $348,000 | |
| Listed by BHGRE Gary Greene | |||
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Located in the master planned community of Summerwood, this 4 bedroom Meritage Home is located on a Nature Reserve lot. Front of the house greets you with landscaped beds, mature shade trees, and a breezy covered porch with seating space to relax. Inside, the home is highlighted with arched room transitions, open concept floorplan, and high ceilings. Flex room, with french door entry, can be utilized as a study/office or 4th bedroom. Easy to navigate kitchen offers an island with breakfast seating, casual dining space, Corian countertops, and walk-in pantry. Primary bedroom with en suite bathroom offers separate shower and soaking tub, dual sinks, and walk-in closet. Backyard has covered entryway, wrought iron fencing for nature view, and fire pit. No back neighbors! Community amenities include: pool, splash pad, fitness center, clubhouse, tennis courts, lakes, and trails. Local schools. Convenient to: Beltway 8, IAH, Generation Park, and local shopping, dining, and entertainment.
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| Mar 28, 2019 | Sold | ||
| Sold | |||
| Feb 4, 2019 | Listed by RE/MAX Professional Group | $248,000 | |
| Listed by RE/MAX Professional Group | |||
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Don’t miss this AMAZING Nature Reserve lot home in Summerwood located on a quiet cul-de-sac!! Meritage home features beautifully landscaped yard w/ full sprinkler system, delightful front porch & wrought iron fencing in rear to enjoy view from your relaxing & spacious covered back patio & pergola! Distressed hardwood floors, high ceilings & desirable open concept design. Den features gas fireplace, built-in shelving & surround sound. Formal dining room next to large kitchen w/ corian counters, gas range, & dark cabinets. Over-sized master, MB is outfitted w/ dual sinks, garden tub, separate shower & walk-in closet. Generously-sized secondary bedrooms both have walk-in closets. Study at front of house has a full-size closet and can be a 4th bedroom. You will love living in this master planned community, w/ lakes, trails, pools, fitness center, boating & dog park. Close to elem school. Conveniently located to Beltway 8, IAH, Generation Park, shopping, dining & more! Home did not flood!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017