7919 Summer Place Drive
About This Property
Spacious home with open floor plan and huge yard in an established, tranquil community of Mill Creek.
Enter the home with an open floor plan, formal living/dining combo on the left and an extra multi-purpose room on the right that can be used as study, office, or a work out room. A family den connects to breakfast and kitchen with lots of cabinets. NEW Dishwasher and NEW stove have been installed February 7, 2022.
Spacious primary bedroom and a primary bath with oval tub and separate shower.
Huge back yard with open patio deck for great outdoor living and entertainment.
NOTE: Buyers to independently confirm all rooms measurements.
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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 8, 2022 | Sold | ||
| Sold | |||
| Feb 8, 2022 | Listed by RE/MAX Alliance | $230,000 | |
| Listed by RE/MAX Alliance | |||
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Buyer's backed out. Their loss is your gain.
Spacious home with open floor plan and huge yard in an established, tranquil community of Mill Creek.
Enter the home with an open floor plan, formal living/dining combo on the left and an extra multi-purpose room on the right that can be used as study, office, or a work out room. A family den connects to breakfast and kitchen with lots of cabinets. NEW Dishwasher and NEW stove have been installed February 7, 2022.
Spacious primary bedroom and a primary bath with oval tub and separate shower.
Huge back yard with open patio deck for great outdoor living and entertainment.
NOTE: Buyers to independently confirm all rooms measurements.
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Mill Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017