5410 Summit Ridge Trail
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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%.
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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 |
|---|---|---|---|
| Dec 18, 2023 | Sold | ||
| Sold | |||
| Nov 17, 2023 | Listed by Monument Realty | $400,000 | |
| Listed by Monument Realty | |||
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Welcome to your 5-bedroom retreat! This cul-de-sac beauty features a sparkling pool, an iron-fenced backyard, and a powered storage building. The master retreat is on the main floor, with four additional bedrooms above. The open living room, complete with a fireplace, opens to a covered patio, perfect for gatherings. The kitchen is a chef's delight, featuring ample built-ins and storage. Conveniently situated near Wood Elem, Boles JH, and Martin HS, with easy access to highways, shopping, and dining. Centrally positioned between Dallas and Fort Worth, near the Arlington Arts District, and surrounded by shops and restaurants. Updates include fresh paint, all brand new windows, engineered wood flooring, a new pool overlay, and a new AC unit.
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| Jan 27, 2021 | Sold | ||
| Sold | |||
| Jan 7, 2021 | Listed by Coldwell Banker Apex, REALTORS | $310,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Charming Four bedroom home on nicely landscaped cul-de-sac lot in highly sought-after Overland Stage Estates. Incredible sparkling pool and huge backyard with separate iron-fenced yard and large storage building or shop with electricity. Open and bright living room with fireplace leading to the covered patio for summertime family and friend gatherings. Kitchen has loads of built ins and plenty of storage. Large downstairs master retreat with sitting area and three spacious bedrooms upstairs along with an optional office or game room. Conveniently located within minutes of Wood Elem, Boles JH and Martin HS. Easy access to major highways, shopping, and dining. Bring your fresh and new ideas to make this your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017