1722 Summergate 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 |
|---|---|---|---|
| Jun 10, 2022 | Sold | ||
| Sold | |||
| Apr 22, 2022 | Listed by Top Guns Realty on Lake Conroe | $430,000 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Come home to this Gorgeous David Weekly Home located off of the prestigious Longmire Road in Conroe. Living in Summergate Subdivision you will enjoy a strong since of community where neighbors know their neighbors, the safety of one entrance/exit, and the luxury of a long cul-de-sac for your enjoyment. The location is perfection! With everything Conroe has to offer within minutes and I-45 less than 10 minutes away, it makes commuting easy in all directions. From the minute you walk inside you will notice all of the custom features and upgrades including gorgeous shutters, wood floors, extensive moldings, high ceilings and more. This home is perfect for family time and entertaining featuring both formal dining and living, open concept Kitchen and Family room with a wall of window over looking you gorgeous back yard that is ready for weekend bar-b-ques and fun, and an upstairs with game room and plenty of space for everyone! This home won't last long,call today for your private showing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017