18402 Summit Ranch 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 |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | In contract | - | |
| In contract | |||
| May 21, 2024 | Price Decreased |
$279,900
↓ $10K
(3.5%) | |
| Price Decreased | |||
| May 7, 2024 | Price Increased |
$289,900
↑ $10K
(3.6%) | |
| Price Increased | |||
| Apr 8, 2024 | Listed by RE/MAX Universal | $279,900 | |
| Listed by RE/MAX Universal | |||
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Here's you opportunity to purchase a 4 bedroom house in pristine condition !!! The home is positioned on a corner lot in a family friendly subdivision . The owner has done many upgrades !!! Vinyl Plank flooring , Beautiful ceiling fans , Updated hardware throughout , A stone back covered patio ,and more . This homes is professionally decorated with upper end materials and WOW does it show !!! The home looks as though its never been lived in !
This property needs nothing !! Unpack and set up , that's it !! Extremely clean !! Seller is motivated and will consider all offers.
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Property Highlights
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Price/ft²
Listed On
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About Harris
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,780 /mo
- 3 Beds
- 2 Baths
- 1,240 ft²
$3,190 /mo
- 4 Beds
- 2 Baths
- 2,260 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017