107 Sumac Ridge
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 18, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Listed by Anders Realty & Mortgage Group | $199,000 | |
| Listed by Anders Realty & Mortgage Group | |||
| | |||
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Unrestricted Property!!! 360 degree views from this Gorgeous Hill Top Property. 5.199 acres in Headwaters Ranch subdivision. Lots of building site opportunities on a large flat section on top of the hill. Beautiful Oaks shade the hilltop. Perfect for a weekend getaway for the family. RV electric hook ups already installed.
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| May 12, 2024 | Listed by Anders Realty | $199,000 | |
| Listed by Anders Realty | |||
| Oct 10, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017