7215 SUMMER WAY
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 |
|---|---|---|---|
| Jun 14, 2022 | Sold | ||
| Sold | |||
| May 6, 2022 | Listed by RE/MAX Associates | $310,000 | |
| Listed by RE/MAX Associates | |||
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This charming home is nestled on a quiet street in a small gated community is just minutes away from UTSA. You'll enjoy 3 large bedrooms with plenty of closet space, 2 living areas and a conveniently located downstairs half bathroom perfect for guests. The kitchen is a drea. Wide counters and a large pantry provide lots of storage. With an open floor plan and lots of natural light on both levels, this two story home is ready for you! As an added benefit, this home backs up to a green belt so you have no rear neighbors. The current owners have tended to this home's every need. In preparing the home for you they even had John Wayne Heating and Air replace the HVAC. Prior to listing the home for sale the seller's even had a licensed home inspector evaluate the homes condition. This home is in great shape!
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| Jun 30, 2009 | Sold | ||
| Sold | |||
| Nov 10, 2008 | Listed by Realty Executives Of S.A. | $189,000 | |
| Listed by Realty Executives Of S.A. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017