348 SUMMERSET 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 |
|---|---|---|---|
| Mar 7, 2020 | No longer available | - | |
| No longer available | |||
| Dec 20, 2019 | Listed | $725,000 | |
| Listed | |||
| | |||
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Rustic double doors welcome you as you enter the foyer of this unique one story pool home. The pool area has a summer kitchen w/seating, fridge, sink, and grill. There is even an outdoor shower and a separate closet for a storage or changing room! If you'd rather stay indoors, the gourmet kitchen has plenty of space for your next gathering. Cozy up by the fireplace or host bunco night of the year in the spacious game room (even has custom king-size murphy bed!). The ground level detached in-law suite is ready to go w/living space, bedroom, full bath, and washer/dryer hookup. It even has its own garage! New Carrier AC units to be installed soon! The manager has listed the unit size as 4759 square feet.
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| Jul 13, 2010 | Sold | ||
| Sold | |||
| Jul 12, 2002 | Sold | ||
| Sold | |||
| May 9, 2001 | Listed by NORTH FLORIDA BUILDERS | $93,000 | |
| Listed by NORTH FLORIDA BUILDERS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017