908 Summertree Lane
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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 27, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Price Decreased |
$1,180,000
↓ $30K
(2.5%) | |
| Price Decreased | |||
| Mar 26, 2026 | Price Decreased |
$1,210,000
↓ $40K
(3.2%) | |
| Price Decreased | |||
| Mar 4, 2026 | Listed by League Real Estate | $1,250,000 | |
| Listed by League Real Estate | |||
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True refined Texas living in the heart of Southlake. Situated on a beautifully landscaped .47 acre corner lot, this exceptional home offers the perfect blend of luxury, privacy, and convenience within top rated Carrol ISD and is located just minutes from premier shopping and dining. Designed for comfortable main-floor living, this home features a private primary retreat with a charming double tray ceiling and picturesque view of the sparkling pool. The en suite bathroom provides dual sinks, a dedicated vanity station, garden tub, walk-in shower, and a spacious walk-in closet. The flowing layout also features sizable living and dining spaces, 4 bedrooms on the main floor, and don't miss the roomy upstairs flex space. The newly remodeled kitchen showcases custom cabinetry, elegant quartz countertops, a stylish designer backsplash, and new high-end appliances, making it both sophisticated and functional for everyday living and entertaining. Throughout the home, you’ll find gorgeous plantation shutters, custom lighting, soaring ceilings, and spacious living areas that are flooded with natural light, resulting in an inviting and elevated atmosphere. Relax in your own private oasis where mature landscaping surrounds the property. Enjoy endless summer entertaining with a picturesque pool featuring waterfall elements, a 4-year-old hot tub nestled beneath a custom gazebo, and an extended outdoor living area with a retractable canopy for shaded relaxation. Additional highlights include a new fence, 3-car garage, new windows with lifetime warranty, and a wrought-iron automated exterior gate providing convenient rear property access. A remarkable find in a tranquil neighborhood, this Southlake property delivers an exceptional lifestyle both indoors and out.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017