16907 Summit Oaks Lane
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%.
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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 |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by Brock & Foster Real Estate | $295,000 | |
| Listed by Brock & Foster Real Estate | |||
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This beautifully updated rare one-story home in Memorial Northwest on a large corner lot offers an attached 3-car garage and no Harvey flooding. Featuring high ceilings, an open floor plan, and a stunning atrium visible throughout, the home boasts travertine and wood laminate floors, energy-efficient double-paned windows, and abundant natural light. The island kitchen is a chef's dream, with custom cabinets and all appliances included. Access to a spacious backyard patio and large corner lot backyard. Enjoy the formal dining, wet bar, and massive primary suite and ensuite bath. Home features abundant storage, one story living and a peaceful and quiet community. Bring your vision to life with some TLC to make this your dream home for less! All appliances included with sale!
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| Aug 18, 2024 | No longer available | - | |
| No longer available | |||
| Jun 14, 2024 | Listed by Khuzaima S. Raja,Broker | $320,000 | |
| Listed by Khuzaima S. Raja,Broker | |||
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Indulge in the allure of this captivating sanctuary. Boasting 15-ft ceilings, 4 bedrooms, 2 baths, including a primary bedroom featuring a luxurious walk-in shower, and a lavish kitchen adorned with granite countertops and plenty of large cabinets for storage, this abode is an epitome of luxury. Lose yourself in the expansive living room that can be your retreat for movie night, complete with a wet bar. Step outside to discover an enchanting covered patio and corner gardening patio, overlooking a sprawling backyard oasis with unlimited potential, complete with a shed for all your gardening tools. A 3-car garage that doubles as a creative workshop and ample above-garage storage hideaway, this home is a haven for sophistication. Enthrall in the luminous atrium, a radiant centerpiece visible from every angle. Surrender to the allure of opulence. Not flooded during Harvey.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017