6114 Summerfield Glade Lane
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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 3, 2020 | Sold | ||
| Sold | |||
| Jul 28, 2020 | Listed by eXp Realty, LLC | $265,000 | |
| Listed by eXp Realty, LLC | |||
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Cinco Ranch Two story home, 3 bedrooms and 2.5 baths plus game-room. Sprinkler system, garage door openers, fireplace. Kitchen with stainless steel appliances and granite countertops. Enjoy all the Cinco Ranch amenities. Not to mention the Seven Lakes High School, walking distance to high and middle schools. Easy access to Westpark Tollway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017