18642 Summer Hills Boulevard
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 |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
| Jan 31, 2024 | Listed by Berkshire Hathaway HomeServices Premier Properties | $66,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
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Unimproved subdivision lot. This property offers a blank canvas for your dream home. Nestled in the thriving community of Prosper, enjoy the freedom to build your custom home. With its central location, you'll have convenient access to local amenities and major highways. Don't miss out on this rare opportunity to shape your future in the heart of Prosper.
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About Summer Hills
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Currently no similar homes aroundNearby Rentals
$2,350 /mo
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$1,950 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017