View! View! View! An amazing view of expansive park located
just behind the home! Welcome to 29 Summerstone, rare and unique
location in a peaceful interior cul-de-sac. Recently painted
and Fully upgrades including new kitchen, 3 new bathrooms, new wood
floor, new windows. This townhome offers three generously
sized bedrooms , along with an attached 2-car garage with direct
access. The remodeled kitchen is equipped with a new gas
range/oven, new microwave, recessed lighting and new island. Other
recent upgrades include a new A/C, new furnace and a new water
heater – all 3 installed in 2023. Overlooking a large park, the
very private backyard provides a great place to relax, dine and
watch the kids play. The light-filled living room features a cozy
fireplace, while the adjacent dining room, with new sliding doors
to the backyard. Upstairs, the master bedroom offers cathedral
ceilings, a walk-in closet, and an en-suite bathroom. The two
additional bedrooms, both offering stunning views of the park. Just
steps away, residents can enjoy the extensive park and a large pool
facility with a high dive, jacuzzi and an Olympic-sized pool. Enjoy
resort-style amenities, including two LAKES with sandy beach
lagoons, boating and fishing opportunities, 20 pools, over 20
tennis courts, and a wealth of family-friendly activities.
Award-winning schools within easy walking distance and no Mello
Roos fees coupled with low HOAs make this property an exceptional
place to call home.
Unit Size
1,422 Ft²
Days on Market
81 days
Land Size
-
Price per sqft
$925
Property Type
Condo
Property Taxes
-
HOA Dues
$512
Year Built
1983
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Parking Features: Door Multi, Garage, Garage Door Opener, No Driveway, Side By Side
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Bathrooms on Main Level: 1
Levels: Two
Interior Features: Recessed Lighting, All Bedrooms Up, Walk In Closets
Appliances: Dishwasher, Electric Cooktop, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Water Heater
Flooring Type: Carpet, Laminate
Living Area Square Feet Source: Assessor
Laundry Features: Washer Hookup, Gas Dryer Hookup, In Garage
Has Fireplace
Living Room
Exterior Details
Year Built: 1984
Parcel Number: 93855099
Waterfront Features: Lake, Lake Privileges
Home Type: Residential
Structure Type: House
Architectural Style: Traditional
Foundation Details: Slab
Roof: Tile
Outdoor Living Structures: Patio
Spa Features: Association, Community
Pool Features: Community, Association
Lot Information: Zero To One Unit Acre, Back Yard, Lawn, Landscaped, Near Park, Near Public Transit
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location Details
Association Amenities: Bocce Court, Clubhouse, Dock, Dog Park, Fire Pit, Maintenance Front Yard, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pickleball, Pool, Pets Allowed, Racquetball, Recreation Room, Spa Hot Tub, Tennis Courts, Trails
Association Fee: $373
Association Fee Frequency: Monthly
Association Fee2: $139
Association Fee2 Frequency: Monthly
Community Features: Biking, Curbs, Hiking, Lake, Sidewalks, Fishing, Park, Pool
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