1038 Sumner Ave
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 |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| Apr 19, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Price Decreased |
$346,500
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Apr 4, 2025 | Price Decreased |
$347,500
↓ $2K
(0.4%) | |
| Price Decreased | |||
| Mar 28, 2025 | Listed | $349,000 | |
| Listed | |||
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East Forest Park Colonial with 1,714 sq. ft. of living area with an additional 102 sq ft three season room and 220 sq ft finished basement that could be used as a playroom or game room, totaling 2036 sq ft. Located in the heart of East Forest Park, this home has a first floor living room with fireplace, private office, dining room, spacious kitchen, three season sunroom and half bath. Second floor offers four bedrooms with a full bath and walk-up attic. This property has a wonderful flat, fenced in yard. Book your showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017