2425 Summer Trail 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%.
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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Price Decreased |
$365,000
↓ $14K
(3.7%) | |
| Price Decreased | |||
| Jun 27, 2024 | Listed by Ebby Halliday, REALTORS | $379,000 | |
| Listed by Ebby Halliday, REALTORS | |||
| | |||
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Welcome to this charming ranch-style home featuring 3 bedrooms and 2 baths. This residence boasts extensive wood floors throughout, and tile in the wet areas, eliminating the need for carpet. The open floorplan is perfect for entertaining, with a spacious kitchen featuring tons of storage space, granite counter tops, and equipped with stainless steel appliances including a refrigerator. Other amenities include a water softener, ceiling fans, and a spacious covered patio. The home is nestled in a highly sought-after community conveniently located near Hwy 380 and 288. The primary suite offers a luxurious retreat with a garden tub, separate shower, and walk-in closets. The split bedroom layout ensures privacy for all. Step outside to find an oversized backyard, ideal for outdoor activities and relaxation. The property is close to the local elementary school and offers quick access to the greater North Denton area.
Don't miss the opportunity to make this beautiful home yours!
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| Dec 21, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017