19735 Summerlin 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 |
|---|---|---|---|
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 26, 2021 | Listed by PY Realty Co | $198,000 | |
| Listed by PY Realty Co | |||
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**Investor Only Tenant Occupied** Spacious Home in great condition for investor. This single-story home offers an open concept floor plan. Features include a large master suite with his/her vanities and jetted tub, stainless appliances in the kitchen. Long term stable tenant. NEW Master Shower area with frameless glass door. Recently built back yard patio area. This house will not last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017