8525 Summerlin Dr
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 9, 2020 | Sold | ||
| Sold | |||
| Jul 30, 2020 | Listed by Affiliated Prop Bkrs Boulder I | $1,495,000 | |
| Listed by Affiliated Prop Bkrs Boulder I | |||
| Jan 2, 2018 | Sold | ||
| Sold | |||
| Apr 3, 2006 | Listed | $315,000 | |
| Listed | |||
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New luxury development in South Longmont with only 30 home sites available ranging from roughly .75 to 1.5 acres. Only 5 lots still available in phase 1. Amazing location with easy access to everything.Large estate sized lots with stunning mountain views. bring your buyers & builders. Truly a special neighborhood.Careful attention will be paid to the architectural style & exterior appeal of each home,creating some of the best luxury living available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017