8509 Summerhill Lane
About This Property
This property is located at the very back of the Sub Division. Very quiet. Enjoy the wildlife, country life and of course...THE GOLF !!! Clubhouse, Pro shop, fitness facilities, walking trails, swimming pools, gated AND guarded entrance! What more could you ask for?
The scenery from this lot is unbelievable.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 2, 2024 | No longer available | - | |
| No longer available | |||
| Jul 9, 2023 | Relisted | $39,000 | |
| Relisted | |||
| Jul 8, 2023 | No longer available | - | |
| No longer available | |||
| Feb 27, 2023 | Listed by Keller Williams Central 75 | $39,000 | |
| Listed by Keller Williams Central 75 | |||
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Beautiful Gated Golfing Community in the heart of Cleburne, just minutes from Downtown Ft. Worth. No timeline to build! Member only community. Amenities include a beautiful Golf Course Landscape, Playground, Group activities and more! Buyer or BA to verify All information.
PLEASE NOTE: 24 Hr. Guarded Gate; To Schedule a Visit, please contact property manager or email LA.
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| Feb 2, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017