8608 Summer Song Cir
About This Property
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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%.
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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.
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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 20, 2025 | Sold | ||
| Sold | |||
| Aug 9, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Price Decreased |
$1,455,000
↓ $40K
(2.7%) | |
| Price Decreased | |||
| Jun 9, 2025 | Listed by Phyllis Browning Company | $1,495,000 | |
| Listed by Phyllis Browning Company | |||
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Tucked within the gated enclave of Raintree Woods, one of the most exclusive sections of Fair Oaks Ranch, this expansive property offers a rare blend of privacy, recreation, and refined Hill Country living. Sited on over 2.1 acres beneath a canopy of mature oaks, the residence is arranged to embrace both quiet retreat and large-scale entertaining. The grounds include a private tennis and pickleball court, resort-style pool, heated spa, cultivated garden area, and generous outdoor living spaces designed for year-round enjoyment. A circular drive, side-entry four-car garage, and wraparound patios enhance both presentation and functionality, while the natural topography ensures a sense of space and seclusion throughout. Crafted with a nod to traditional Hill Country architecture, the home features a limestone exterior, standing seam metal roof, and deep overhangs that frame the landscape. Inside, generous proportions and high ceilings create an airy ambiance, with warm wood tones and custom finishes adding texture and depth throughout. The two-story layout was designed to follow the natural slope of the land, offering main-level living on the upper floor. Here, walls of windows draw in soft natural light, illuminating a vaulted living area with fireplace, formal dining room, private study, and a kitchen outfitted with pass-through windows to the patio for seamless indoor-outdoor connection. The upper level also includes the primary suite and an attached one-bedroom apartment with a full kitchen, breakfast nook, washer and dryer, and private patio access. This flexible space is ideal for guests or multigenerational living. The lower level opens directly to the grounds and features a spacious second living area, gym, laundry room, and three secondary bedrooms: two that share a bath and one with a private en suite. Generous windows and exterior access ensure these spaces feel bright, open, and connected to the landscape. Located just minutes from the Fair Oaks Country Club, this property offers timeless design, versatile living, and a setting that invites both quiet mornings under the trees and vibrant gatherings that carry into the evening.
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| Jun 19, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017