3650 Sumner Lodge 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 |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Sep 12, 2023 | Listed by RE/MAX Cinco Ranch | $269,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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Charming 3 bedroom 2 bath single story gem is in the wonderful Raintree Village community in highly acclaimed Katy ISD. Prime location near schools, dining, shopping and major roads. This impeccably maintained home features stylish brick and stone elevation, a spacious well laid out floorplan and comes complete with a refrigerator, washer and dryer. Showing times are limited. Don't miss this one, I think you will love it immediately!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017