5305 Summit Knoll Trail
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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 |
|---|---|---|---|
| Sep 9, 2020 | Sold | ||
| Sold | |||
| Jul 23, 2020 | Listed by Orbit Realty Group, LLC | $305,000 | |
| Listed by Orbit Realty Group, LLC | |||
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Seller dropped 10k in price for update allowance... Wonderful opportunity in the sought after Woodbridge community and Wylie ISD ~ Home offers 4 bedrooms, 2 baths, with a split bedroom set up and a huge living room, ready for entertainment. Large owner's suite tucked away by itself with a view and access to the massive backyard enough for a pool, should you desire to put one in ~ Great proximity to shopping, entertainment, and dining ~ neighborhood boasts the many amenities to enjoy and an opportunity to sign up to Championship golf ~ Home also features solar screens, roof 2016, AC 2019. ~ Homes rarely come available in this section of Woodbridge so come see it before it's gone.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017