4602 Summer Lake
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 | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | Listed by KingFay Inc | $389,900 | |
| Listed by KingFay Inc | |||
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Discover this stunning 3/4-bedroom, one story home located in the highly sought-after clements high school subdivision in Fort Bend County.New roof installed in 2024. This residence boasts an open-concept design, featuring a spacious kitchen, numerous cabinets, and a quartz countertop island. The living area impresses with its high ceilings, complemented by a cozy gas fireplace. The primary bedroom is conveniently situated on the ground floor and includes an en-suite bathroom with oversized luxurious walk-in shower, dual sinks, It comes with a refrigerator, washer, and dryer, all included. two full bathrooms, each offering ample closet space. Home has been completely updated, paint, bathrooms, kitchen and appliances. Move into this dream home today!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017