1706 Summerfield Drive
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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 |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by Keller Williams Realty DPR | $474,500 | |
| Listed by Keller Williams Realty DPR | |||
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Charming 3 bedroom, 2 bath home sits on an oversized corner lot featuring two large yards and a 3 car garage. Spacious kitchen with SS appliances, kitchen island (to remain with home) and coffee bar. Two large living areas and a game room-office flex space. Great sized rooms with walk in closets and updated baths. Covered front porch and back patio complete with string lights. You will enjoy the quality of life with exemplary AISD schools, parks, and jogging trails. A full list of upgrades completed is available in the transaction desk.
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| Jun 11, 2020 | Sold | ||
| Sold | |||
| Apr 16, 2020 | Listed by Fathom Realty | $325,000 | |
| Listed by Fathom Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017