1533 Sumner St
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | Listed by RE/MAX Nexus | $609,900 | |
| Listed by RE/MAX Nexus | |||
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NEW PRICE! Welcome to your dream home in the heart of Longmont! This delightful brick RANCH offers timeless charm and modern convenience, nestled in serene West Point just minutes from local amenities. A classic brick exterior w/ a well-maintained front yard creates an immediate sense of warmth & curb appeal. Step inside to find a generous living room w/ gleaming hardwood floors, cozy fireplace & vaulted ceilings. The updated kitchen features a large island, ample cabinetry w/ pull out drawers, new stainless steel gas range & dishwasher. A charming dining area provides a sunny spot for morning coffee. 3 bedrooms on the main level, including primary suite w/ updated en suite bath. Hall bath updated too! Lovely sun room offers space for a variety of uses. Shady back yard has an inviting patio and pergola (included). Basement has kitchenette for separate living space if needed. **THIS PROPERTY QUALIFIES FOR THE COMMUNITY REINVESTMENT ACT (CRA) PROGRAM WHICH IS A PERCENTAGE OF LOAN AMOUNT LENDER CREDIT TOWARDS CLOSING COSTS, PRE-PAIDS OR RATE BUY DOWN**. NEW SEWER LINE in basement, from NW corner extending to 10 feet outside w/ a transferable warranty. New carpet and completing bath is all that's needed to have a completely finished basement w/ tons of living space. Newer furnace, AC, double pane windows & driveway too!
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| Aug 14, 2024 | Listed by RE/MAX Nexus | $609,900 | |
| Listed by RE/MAX Nexus | |||
| Aug 25, 2000 | Sold | ||
| Sold | |||
| Mar 7, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017