2124 Summerlin Dr
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%.
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 10, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | Relisted | $2,149,000 | |
| Relisted | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed by milehimodern - Boulder | $2,149,000 | |
| Listed by milehimodern - Boulder | |||
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Meticulous maintenance pairs with an entertainer's layout in this spacious Somerset Meadows haven. A spacious living area sets the stage for cozy soirees with a fireplace and dining area. Recently renovated, the gourmet kitchen shines with professional Subzero, Viking, Thermador appliances, a vast center island, exposed beams and a new bar area with a beverage refrigerator & ice machine. Among the home's expansive bedroom spaces, the primary suite glimmers with natural light exaggerated by vaulted ceilings & private balcony to take in the views. With a fireplace, immense walk-in closet and spacious five-piece bathroom, this primary hideaway inspires serenity. Additional bedrooms and flex spaces offer versatility while a dedicated main floor home office and main floor guest suite ensure privacy. The full basement has been reimagined with high ceilings, a vast wet bar with appliances and seating and a wine cellar for elevated indoor entertaining. Outside, residents are treated to views of Long's Peak and an outdoor living space anchored by a fireplace. Fully enclosed 3/4 acre lot, hot tub, raised beds & more!
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| Oct 2, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017