40
Map
7087 Summer Tree 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 |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Feb 5, 2026 | Price Decreased |
$449,000
↓ $26K
(5.5%) | |
| Price Decreased | |||
| Feb 5, 2026 | In contract | - | |
| In contract | |||
| Dec 28, 2025 | Price Decreased |
$475,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Nov 19, 2025 | Listed by Prime Properties of S Florida | $495,000 | |
| Listed by Prime Properties of S Florida | |||
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Spectacular 2 br Villa that has been professionally designed by ''Debra Lipset Designs''. No expenses have been spared in this fully renovated gem. Upgrades galore in every room. Beautiful lake views from your enclosed patio in the backyard. Come and live the country club lifestyle in Palm Isles without all the high dues . Community has tennis, pickleball, restaurant, fitness, 4 pools and much much more.
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Property Highlights
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Price/ft²
Listed On
Sold On
About Palm Isles
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,250 /mo
- 2 Beds
- 2 Baths
- 1,205 ft²
$2,600 /mo
- 3 Beds
- 2 Baths
- 1,469 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017