7182 SUMMIT DRIVE
About This Property
The spacious primary suite features a generous walk-in closet and a private bath with a walk-in shower and garden tub. A desirable split floor plan provides added privacy, while the expansive open-concept family and dining areas-accented by luxury vinyl flooring-are ideal for entertaining or relaxed daily living.
The kitchen offers a breakfast bar, a cozy eat-in nook, and a laundry room just off the kitchen with direct access to the 2-car garage. Ceiling fans throughout enhance comfort and energy efficiency.
Step outside to your own retreat: a serene screened-in lanai, sparkling pool, and a beautifully maintained, fully fenced backyard-perfect for enjoying Florida living year-round.
Conveniently located near shopping, dining, Legoland Florida, Highway 27, and the Polk Parkway, this home offers the perfect balance of convenience and tranquility.
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Cap Rate Calculator
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 31, 2026 | Sold | ||
| Sold | |||
| Feb 28, 2026 | In contract | - | |
| In contract | |||
| Feb 21, 2026 | Price Decreased |
$345,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Jan 29, 2026 | Price Decreased |
$355,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Jan 9, 2026 | Listed by MARK SPAIN REAL ESTATE | $365,000 | |
| Listed by MARK SPAIN REAL ESTATE | |||
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About Summit East
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017