13515 Summer Hill Drive
About This Property
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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 |
|---|---|---|---|
| Nov 21, 2022 | Sold | ||
| Sold | |||
| Sep 7, 2022 | Listed by UnforgettableLakeConroe.com | $524,900 | |
| Listed by UnforgettableLakeConroe.com | |||
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Custom home on award winning Walden golf course! Attention to detail throughout. Designed and constructed by builder for his personal home. Enter through custom glass paned doors. Wood floors, tall ceilings, plantation shutters, onsite built cabinets, and extensive crown molding are just a few of the many features. Private study is located at the front of the home. There are TWO PRIMARY BEDROOMS both with spacious baths. Formal dining is off the entry. Kitchen has granite counters, onsite built cabinets, and stainless Jenn-Air appliances including gas cooktop and double ovens. Butlers pantry and wet bar with brass sink. Large living area opens to kitchen and breakfast room. Custom staircase leads to secondary study, two bedrooms and full bath. Oversized garage has epoxy flooring, wash tub, built in cabinets and separate half bath. Texas basement gives even more storage. Enjoy the resort lifestyle and many amenities in beautiful Walden on Lake Conroe!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017