5602 Summer Snow Drive
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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.
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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 5, 2024 | Sold | ||
| Sold | |||
| Sep 1, 2023 | Listed by Redfin Corporation | $679,500 | |
| Listed by Redfin Corporation | |||
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Welcome to 5602 Summer Snow Dr. This exquisite custom home is located in the popular gated community of Twin Lakes and boasts a private pool, tons of updates and space for everyone. The home's exceptional floor plan is perfect for elegant entertaining and casual living. The 2-story entry opens to a office, formal living, and dining room. The family room with a fireplace is open to the chef's kitchen and a breakfast room. The first-floor primary bedroom has an ensuite bath, while upstairs there are three secondary bedrooms and a huge gameroom. The home has solar and flex screens making it energy-efficient, recently repainted, new floors, plus other renovations. Features an oversized 3-car garage, and a fantastic backyard retreat with a sparkling pool and tropical landscaping. Enjoy the amenities of The Twin Lakes community including multiple lakes, a community pool, tennis courts, clubhouse, playground, and walking paths. Easy access to Beltway, 290, I-10, and the Energy Corridor.
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| Oct 26, 2020 | Sold | ||
| Sold | |||
| Jul 10, 2020 | Listed by Greenwood King Properties | $529,000 | |
| Listed by Greenwood King Properties | |||
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Beautiful traditional 2-story custom Kickerillo home in popular gated community of Twin Lakes. Exceptional floorplan for elegant entertaining & casual living: ample personal space for all family members who work/study from home. Inviting 2 story high front entry opens to paneled study (could be 5th bdrm) formal living, & dining room; beautiful space for entertaining. Comfortable family living is centered around chef’s kitchen that adjoins breakfast rm & wood paneled family rm w/fireplace. The master retreat w/spa-like ensuite bath completes 1st floor. Upstairs are 3 secondary bedrooms & huge gameroom w/lighted cove ceiling. Attractive finishes & crown molding throughout. Property features include oversized 3 car garage & private pool. The Twin Lakes’ community includes 4 lakes, community pool, tennis courts, clubhouse, playground & walking paths. Great location near Beltway, 290, I-10; close to retail & Energy Corridor. Home did not flood from Harvey*. *per seller.
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About Twin Lakes
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Last Updated: 4 months ago
Data Source: HAR , MLS# 69698827
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017