20923 Summer Trace Lane
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | $350,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | |||
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Settle into this lovely 3 bdrm, 2 bath, single-story home; perfectly positioned in the heart of the distinguished master planned community of WindRose. The sellers have taken exceptional care of this beautiful home. This lovely space features an elegant leaded glass front door, glistening hardwood floors, beautiful open floor plan, office with French-doors, large windows, tons of natural light, & beautiful family w/ cozy fireplace. The chef's kitchen boasts large cabinets, Island, & stainless-steel appliances. The spacious primary suite has 2 closets, jetted tub, walk-in shower, & dual vanities. Seek serenity is the backyard oasis boasting an impressive covered patio w/ recessed lighting, lush landscaping, no back neighbors, & recently-replaced fence (May'24). Settle into this exclusive master-planned community complete w/golf course, 2 club houses, exemplary Klein schools, community pools, tennis courts, hike & bike trails, 20-acre lake, & easy access to Beltway 8, 99, I-45, & 249!
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| Sep 7, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by Realty ONE Group, Experience | $299,000 | |
| Listed by Realty ONE Group, Experience | |||
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DON'T MISS!! Your opportunity to own this beautiful one story split floorplan 3 bedroom 2 full bath 1 flex room (study, optional 4th bedroom, home gym, etc)in the highly sought after golf course master planned community of Windrose! Fresh paint throughout, new carpet, new a/c unit. Home borders cul-de-sac with greenbelt behind backyard. Primary bedroom has two separate closets and en-suite bathroom featuring jetted garden tub and dual vanities. Spacious kitchen with ample counter space opens up to breakfast room and family room. Ready for move-in! Conveniently located to Grand Pkwy 99 and IH-45. Award winning Klein schools, some within walking distance! Never flooded.
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About Windrose West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017