24
Map
231 Summer Creek Lane
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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 |
|---|---|---|---|
| Aug 19, 2026 | Price Decreased |
$399,990
↓ $30K
(7%) | |
| Price Decreased | |||
| Aug 2, 2026 | Listed by NextHome Platinum Realty | $429,999 | |
| Listed by NextHome Platinum Realty | |||
| Jul 17, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 11, 2026 | Listed by eXp Realty LLC | $430,000 | |
| Listed by eXp Realty LLC | |||
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Located in the sought-after Summer Lakes master-planned community, stunning 4-bedroom, 3.5-bath home offers 3,601 sq ft of thoughtfully designed living space. Grand 2 story entry welcomes you with soaring ceilings, elegant archways, and abundant natural light. Spacious living room features a dramatic wall of windows a cozy fireplace, the chef-inspired kitchen boasts an oversized granite island, stainless steel appliances, rich wood cabinetry, and a bright breakfast area. The primary suite offers private backyard access and a spa-like bath with dual vanities, a soaking tub, and separate shower. A versatile flex room downstairs is perfect for a home office or additional living area. Upstairs, enjoy a large game room and dedicated media room. The fully fenced backyard features a patio, sprinkler system, and whole-home water filtration system. Conveniently located near I-69/Highway 59 and the Grand Parkway, offering quick access to Sugar Land, Houston, shopping, dining, and entertainment
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| Mar 24, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017