3815 Summerfield 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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Apr 13, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by LPT Realty, LLC | $300,000 | |
| Listed by LPT Realty, LLC | |||
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**Multiple Offers Deadline: Submit the highest and best offer by 4/9 at 8AM** Welcome home to your charming one story, 3 bed and 2 full bath home with a fantastic flow, nestled in the heart of the ever popular master planned community of Silverlake in Pearland. TX! Open and large kitchen with plenty of counterspace, miles of white cabinets and brand NEW stainless steel stove, microwave and sink that overlooks into your light filled living room laced with a wall of windows, gas log fireplace and mantle for your best family photos. Completely move-in ready with gleaming laminate wood floors, no carpet, fresh paint all throughout, new light fixtures, new blinds throughout, sprinkler system, fresh exterior paint and lush landscaping. Backyard with extra large patio and no back neighbors offering additional privacy. A short stroll to the neighborhood pool, playground and open field for a game of soccer/baseball. Easy access to 288, 6, 8, PTC, TMC and Downtown. This can be yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017