945 Summers Road
About This Property
The kitchen has been updated with new cabinetry and appliances, offering a functional layout with a fresh, updated finish. Both bathrooms have been renovated, featuring a new tub and vanity in the main bath and a walk-in shower with updated vanity in the primary suite. New toilets have been installed in both bathrooms.
Additional improvements include a new roof and upgraded 200-amp electrical service. The primary bedroom has been enhanced with two added windows to bring in more natural light, and an additional window in the garage adds to the overall brightness of the space.
The laundry room has been refreshed, and the washer and dryer remain with the home.
Located in Valdese, this home is conveniently situated near Interstate 40, as well as local shopping and restaurants, offering easy access to everyday amenities while maintaining a comfortable residential setting.
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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 |
|---|---|---|---|
| Sep 9, 2026 | Sold | ||
| Sold | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Price Decreased |
$299,900
↓ $8K
(2.6%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$308,000
↓ $2K
(0.6%) | |
| Price Decreased | |||
| May 9, 2026 | Price Decreased |
$309,900
↓ $7K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017