5428 Summer Spring Lane
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 |
|---|---|---|---|
| Jul 25, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2022 | Listed by Fathom Realty | $260,000 | |
| Listed by Fathom Realty | |||
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Moving ready this one story 3 bedrooms 2 bath with Harwood floors on the living areas and Primary bedroom, no backdoor neighbors is awaiting for a new owner. located in the beautiful lakes of Savannah with easy access to HWY 6 and 288. Close to the Pearland Town Center only 25 minutes from the Museum - Medical Center District.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017