1 Sumner Cheney Place #1
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.
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 |
|---|---|---|---|
| Aug 3, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2023 | In contract | - | |
| In contract | |||
| Jun 14, 2023 | Listed by William Raveis R.E. & Home Services | $699,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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This BEAUTIFULLY MAINTAINED Townhouse at SUMNER CHENEY PLACE is finally available! BRIGHT AND SUNNY with WINDOWS ON THREE SIDES, the First Floor is OPEN CONCEPT with WOOD FLOORS, FIREPLACE and access to your own PRIVATE PATIO. The kitchen has AMAZING STORAGE, STAINLESS STEEL APPLIANCES and COUNTER SEATING. This level also features a HALF BATH, access to your GARAGE and additional storage. The OVERSIZED MAIN BEDROOM has DOUBLE CLOSETS and a SPECTACULAR BATHROOM featuring a SOAKING TUB, WALK IN SHOWER and a LINEN CLOSET beyond expectations. The second bedroom also has an UPDATED ENSUITE BATH. Completing this level is a FAMILY ROOM with CATHEDRAL CEILINGS and SECOND FLOOR LAUNDRY. The third bedroom, currently being used as a HOME OFFICE and WORKOUT AREA is spacious and private. This STUNNING home offers LUXURY LIVING within minutes to DOWNTOWN READING and Major Highways.
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| May 31, 2016 | Sold | ||
| Sold | |||
| Jan 13, 2016 | Listed by William Raveis R.E. & Home Services | $449,750 | |
| Listed by William Raveis R.E. & Home Services | |||
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|
Incredible space in this beautifully maintained townhouse in a small, well cared for complex. W/ many sun filled windows on 3 sides, this unit feels like a single home. Perfect for those who want to leave their lawn mower & shovel behind, yet doesn't want to give up their furniture. HUGE rooms here...Beyond Compare! The first fl is open concept, where a comfortable breakfast bar defines the space, while a gas FP can be enjoyed from from all rooms. From the dining area, you will find a private patio, & a Beacon Hill style "yard". Upstairs offers a master suite entered by double doors, giving this large room a sense of importance. There are 2 large closets, & a master bath fit for royalty! The jetted soaking tub is "oh so nice!" The 2nd bedrm is also large, & opens to the 2nd bath. Completing this level is the comfortable family rm w/ cathedral ceiling & palladium window, 2nd fl laundry, and access to a HUGE unfinished attic...ideal for future expansion. Garage & Super Conv. Loc.! NICE!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/14/2023
|
3 Bed
|
3 Bath
|
2411 ft²
|
$699,900
3 Bed
3 Bath
2411 ft²
|
$720,000
+2.87%
08/03/2023
|
Margaret O'Sullivan
William Raveis R.E. & Home Services
| |
|
01/13/2016
|
Loft
|
3 Bath
|
2411 ft²
|
$449,750
Loft
3 Bath
2411 ft²
|
$435,000
-3.28%
05/31/2016
|
Rick Nazzaro
Colonial Manor Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017