8803 Summer Creek Drive
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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Relisted | $415,000 | |
| Relisted | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by Caryn Beard Properties | $415,000 | |
| Listed by Caryn Beard Properties | |||
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Impeccably maintained brick home on a spacious corner lot in Memorial Creek. This property features a functional layout with formal dining, study, and a game room. The living room showcases custom built-ins and a cozy gas log fireplace. The island kitchen boasts Corian counters and a tile back splash. The first-floor master suite includes a large sitting area and a relaxing Jacuzzi tub. Step outside to a resort-style backyard with a covered patio, pool, and spa. Professionally managed with pet-friendly options. Don't miss out on this gem! Call today for a viewing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017