7312 Summit Lane
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 |
|---|---|---|---|
| Oct 2, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by Compass RE Texas, LLC | $495,000 | |
| Listed by Compass RE Texas, LLC | |||
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Seller will consider 10K in concessions with a reasonable offer. Don't miss out on this beautiful home with gorgeous pool before the Texas heat arrives! This home includes newly installed luxury vinyl plank flooring, first floor primary bedroom with a sitting area, ensuite primary bath with double vanity, jetted garden tub and massive walk-in closet. Entertain on first floor with an expansive open layout. Upstairs includes 3 bedrooms, a bathroom, second living space and balcony overlooking pool. If you need a get away, turn the outdoor storage (with electricity) into a mancave or she shed. The Woodbridge community has much to offer - prime location, parks, trails, golf course and more.
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| May 27, 2020 | Sold | ||
| Sold | |||
| Mar 6, 2020 | Listed by Ebby Halliday, REALTORS | $329,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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What a great opportunity to own a beautiful Texas home in Woodbridge subdivision with a pool under 330K! Home has an awesome flow with lg downstairs master bedroom with a sitting area and views of tropical backyard complete with a pool. Large walk-in closet and spacious bathroom with separate garden tub and shower. 1st floor living is open to kitchen with eat in area and breakfast bar too! Seller using dining room as office space and french doors could easily be added if you wanted a dedicated study. HUGE living room upstairs with split bedrooms and an outside covered patio that overlooks backyard. Storage bldg. with electric out back, perfect for a man cave or hobby room. This is a great home and easy to show!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017