14834 Summersong 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.
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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | Listed by EXP Realty LLC | $449,990 | |
| Listed by EXP Realty LLC | |||
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Welcome to an exceptional opportunity in the coveted community of Coco Wood Lakes, designed for active adults. This home features an inviting, open-concept kitchen, updated bathrooms, and a spacious 2-car garage providing ample storage and parking. Key updates include a well-maintained roof, a newer garage door installed in 2017, and impact windows and doors added in 2018 throughout most of the home. Situated in a 55+ community with a low HOA fee of $170, it offers both affordability and comfort. Beyond these features, the front yard enhances curb appeal with its welcoming landscaping. At the rear, a generously sized Florida/gym/entertainment room, fully enclosed and air-conditioned, is perfect for hosting family gatherings. The backyard is complete with a tranquil patio area... and flourishing fruit trees, adding to the charm of this remarkable property.
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| Sep 22, 2020 | No longer available | - | |
| No longer available | |||
| Sep 17, 2020 | Relisted | $247,000 | |
| Relisted | |||
| Sep 1, 2020 | No longer available | - | |
| No longer available | |||
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About Coco Wood Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017