8081 Summer Sun Drive
About This Property
Beautiful 3 Bedroom 2 bathroom house. It has been cleaned up with new flooring and paint. Spacious backyard. This house is near multiple different schools including Heritage and Fossil Ridge, KELLER ISD. Not only that, it is convenient, close to Presidio Towne Crossing and many other shopping spots. Close to Freeway I35W and 820. Make this house your new home!
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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 16, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | Listed by Citiwide Properties Corp. | $279,990 | |
| Listed by Citiwide Properties Corp. | |||
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About Summerfields
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20723896
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017