4414 Summer Mountain Trail
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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Listed by Keller Williams Realty The Woodlands | $385,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Nestled in a charming neighborhood, this cozy home boasts of 3 bedrooms, with an optional office or fourth bedroom, and 3 full baths. The open floor plan with high ceilings, and an abundant amount of windows help create natural light and a warm and inviting atmosphere. The spacious kitchen offers stainless steel appliances, granite countertops, and a large breakfast bar. The primary suite features a walk-in closet and en-suite bathroom. A secondary bedroom with a full bath and walk-in closet. Make your oasis in the backyard with the recently added gazebo and wood deck along with the back covered patio. This beautiful all-brick home is on a cul-de-sac street. Conveniently located near schools, parks, and shopping; only a few miles south of Grand Parkway 99 for easy access to major highways. Don't miss this opportunity to own a piece of paradise in a sought-after area. Contact me for more details on this lovely property.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017