5520 Summer Meadows Drive
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 |
|---|---|---|---|
| Jan 19, 2021 | Sold | ||
| Sold | |||
| Dec 15, 2020 | Listed by Dewbrew Realty, Inc | $279,900 | |
| Listed by Dewbrew Realty, Inc | |||
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Stunning home in Summer Creek Meadows! Beautiful archways and upscale touches throughout. Fabulous layout with open floor plan, 4 bedrooms (or 3 plus front office), 2 living and 2 dining. Gorgeous cabinetry and granite counters. Butler's pantry with added lighting. Upgrades galore! Including kitchen island with seating, wood floors, chandeliers, built-in shelves in family room, covered pergola and extended patio, and so much more! Be sure to check out the 3D VIRTURAL tour link. You can look up, down and move throughout in any direction as if you are actually there! BETTER HURRY! This one won’t last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017