5807 Summer Oak Court
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 15, 2025 | Sold | ||
| Sold | |||
| Dec 18, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Listed by RE/MAX Grand | $468,000 | |
| Listed by RE/MAX Grand | |||
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Welcome to your dream home in the sought-after Spring Creek Oaks neighborhood in Spring, TX! This spacious 5-bedroom gem offers versatile living spaces perfect for modern family needs, including two bedrooms on the main floor—one of which can easily serve as a private office. The large upstairs game room invites endless fun, and the unique added playroom or nursery provides extra space for little ones or hobbies. Outdoor entertainment shines with two custom living areas surrounded by mature landscaping, ideal for gatherings and relaxing evenings under the Texas sky. Spring Creek Oak has 2 pools, 2 clubhouses, tennis & pickleball courts, baseball fields, soccer fields, 4 playgrounds, tons of walking and biking trails and little libraries throughout the neighborhood. Don’t miss this rare blend of comfort, function, and style in a great community!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017