3039 Summercrest Drive
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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 16, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | Listed by UTR TEXAS, REALTORS | $399,900 | |
| Listed by UTR TEXAS, REALTORS | |||
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Beautiful 1 story home located in the heart of Silverlake, just minutes from 288, zoning to Pearland ISD schools. This home is the premier open concept floor plan. Beautiful wood floors, plantation shutters and high ceilings greet you as you walk in. 4 Bedrooms, 2 baths, study with French doors, Sunroom with built in desks and storage, formal dining room, island kitchen and large family room with fireplace. Lovely covered brick patio with mature landscaping and backyard outdoor seating with shade. MAKE PLANS TO SEE THIS HOME IMMEDIATLY IT WON'T BE FOR SALE LONG.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017