1880 Summer Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 12, 2020 | Sold | ||
| Sold | |||
| Nov 20, 2019 | No longer available | - | |
| No longer available | |||
| Oct 4, 2019 | Listed by Coldwell Banker Residential | $376,000 | |
| Listed by Coldwell Banker Residential | |||
| Jul 21, 2019 | Listed | $395,000 | |
| Listed | |||
| | |||
|
This beautiful 3bed 2bath home is well appointed and spacious, on corner lot with cul-de-sac driveway access. Highly sought after Summer Ridge Estates neighborhood in award winning KISD with no HOA. Freshly painted inside and out, this beauty offers a large central living room, remodeled kitchen and a bright sunroom that overlooks the expansive backyard with mature trees and tons of wildlife. This home is Move-in-Ready with new AC and furnace, windows, irrigation system, ceiling fans, lighting and fixtures as well as garage door and opener that are all less than 3 years old. Come make this home your home with quiet rural living, large powered workshop and nearby conveniences of shopping, dining and parks. The manager has listed the unit size as 1949 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017