2005 High Summit Drive
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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%.
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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 |
|---|---|---|---|
| Apr 20, 2021 | Sold | ||
| Sold | |||
| Mar 27, 2021 | Listed by Divine Realty Group | $234,900 | |
| Listed by Divine Realty Group | |||
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Come see this BEAUTIFULLY updated 3 bed, 2 bath with a LARGE backyard! This gem has a LARGE open living room. You will LOVE the modern kitchen with white quartz counter tops. Other features include recessed lighting, high ceilings, laminate floors, new vanities, fresh paint, and more. Easy access to Hwy 30, George Bush, shopping, dinning and the shops of Firewheel. No HOA! YOU MUST SEE!
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| Feb 4, 2021 | Sold | ||
| Sold | |||
| Jan 25, 2021 | Listed by Alicia Trevino International | $164,900 | |
| Listed by Alicia Trevino International | |||
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Amazing starter home for someone who is ready to invest some time and money into fixing this to be their dream home. Will need a fresh coat of paint and also new floors and will need minimal foundation work. It has 3 bedrooms and 2 full baths in highly sought after High Meadows community in Garland. The home is being sold as is with no repairs. Award winning GISD school district with easy access to George Bush, and Firewheel mall. This home is priced to sell quickly. ****multiple offers received*** best and final by noon January 27th
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14540939
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017