2117 Summit Drive
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%.
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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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2025 | In contract | - | |
| In contract | |||
| Sep 29, 2025 | Listed by Competitive Edge Realty LLC | $380,000 | |
| Listed by Competitive Edge Realty LLC | |||
| Sep 2, 2017 | Listed | $265,000 | |
| Listed | |||
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SPACIOUS 5 BEDROOM HOME WITH FLEXIBLE FLOOR PLAN AND NO HOA ON A CUL DE SAC STREET. No HOA allows you to enjoy a little country in the city with brand new chicken coop in the backyard and opportunity to have fresh eggs everyday. Very flexible floor plan with interconnecting bedrooms upstairs give a variety of options for bedrooms, workout rooms, study or nursery. Downstairs living is open from nice size living area to breakfast and kitchen area. Plus two additional flexible space rooms for more living, dining, study or playroom. Oversized rear garage with large driveway allowing lots of parking. Great location within walking distance to all 3 schools, Collin College plus lots of shopping and dining nearby. The manager has listed the unit size as 2448 square feet.
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About High Pointe
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$2,800 /mo
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$2,850 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017