7906 Summit Trail
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 |
|---|---|---|---|
| Apr 22, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2024 | Listed by Compass RE Texas, LLC - Houston | $489,900 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Gorgeous all-brick home within the master-planned community of The Highlands! Lightly lived in 1.5-story home features high ceilings, 4 bedrooms, formal dining, Gameroom upstairs with own bathroom that could be used as a 5th bedroom. Open living area with tiled wood-like floors throughout & tall windows overlooking the beautiful backyard. Kitchen offers granite counters, stainless steel refrigerator, breakfast nook, huge island, butler’s pantry & large pantry. Primary suite has 12-ft recessed ceilings, tons of natural light. Ensuite bath has separate vanities, shower, extra large soaking tub & walk-in closet. Backyard is large corner lot with covered patio & a Japanese-style hand-crafted pergola with electricity. 2-car garage & double-wide driveway with 18" expansions. Residents enjoy access to amenities such as Highland Pines Golf Club, expansive green spaces, a serene lake and area pool.
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| Aug 4, 2024 | No longer available | - | |
| No longer available | |||
| May 16, 2024 | Listed by Keller Williams Memorial | $524,900 | |
| Listed by Keller Williams Memorial | |||
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Revel in this all-brick gem within the master-planned community of The Highlands! Bathed in natural light, this well-maintained 1.5-story home features a manicured front yard, meticulously designed layout, 4 BRs, formal dining, flex room & functional updates. Inside, discover an open living area w/ tiled floors & tall windows overlooking the lush outdoors. The kitchen offers granite counters, breakfast nook, vast island, butler’s pantry & large pantry. Relax in the primary suite w/ 12-ft ceilings & ensuite bath w/ dual sink vanities, glass-encased shower, soaking tub & walk-in closet. Unwind or dine alfresco in the private backyard w/ a sizable covered patio & a Japanese-style hand-crafted pergola w/ electricity. Find abundant parking w/ a 2-car garage & double-wide driveway w/ 18" expansions. Residents enjoy access to amenities such as Highland Pines Golf Club, expansive green spaces, a serene lake, plus easy commutes to Downtown, ExxonMobil, Valley Ranch Town Center & The Woodlands!
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| Oct 19, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017