16930 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%.
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 |
|---|---|---|---|
| Dec 31, 2020 | Sold | ||
| Sold | |||
| Nov 5, 2020 | Listed by Compass RE Texas, LLC | $280,000 | |
| Listed by Compass RE Texas, LLC | |||
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Located on a corner lot w/circle driveway & lush landscaping, the curb appeal of this custom home is spectacular! Through the double front doors, a grand foyer welcomes you to the living space w/brick fireplace. Offering 4 bedrooms (one currently being used as an office), extra formal living space, bright spacious kitchen w/double ovens, breakfast room, large utility room w/sink and window, covered back patio, & a Texas Basement that you have to see to believe! Other improvements: sprinkler system, plantation shutters, wrap around front porch, 9 skylights, new cedar fence, custom molding, central vacuum system, built-in sound system w/components, & 4 year old roof! Community Center features newly renovated clubhouse, resort-like pool, splash-pad, Olympic size pool, multiple lighted tennis courts, fitness center, playground & jogging trail. Easy access to HWY 249, Beltway, & Grand Parkway. Great Klein ISD schools! Put your personal touch on this diamond in the rough and make it yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017