5619 Summer Snow 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 |
|---|---|---|---|
| Sep 28, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by Realty Kings Properties | $739,900 | |
| Listed by Realty Kings Properties | |||
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Spectacular Lakefront property nestled in the coveted Twin Lakes subdivision. This 4 bed, 3.5 bath residence boasts a soaring two-story living w/abundant natural light, setting the tone for the opulence within. The primary bedroom features wood floors, pool and lake views. Its ensuite bath is a spa-like retreat, w/double sinks, jetted tub, separate shower, and dual walk-in closets. Wood paneled study just off primary bedroom creates an ideal workspace. The gourmet kitchen flows into the family room with gas fireplace and built-in bookshelves, all overlooking the lake. Upstairs, a sprawling gameroom and 3 well-appointed bedrooms ensure comfort and privacy. Outside, a sparkling pool complements the lake, ideal for outdoor gatherings. Recent upgrades include 2 tankless water heaters, new roof, gutters w/pro-guard, 2 new A/C, electric charging station and 2 powerwalls. Home also features spray foam insulated attic and solar panels for the ultimate in energy efficiency. Must See!
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About Twin Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017