1907 Sumac Drive
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 |
|---|---|---|---|
| Jan 24, 2023 | Sold | ||
| Sold | |||
| Jan 9, 2023 | Listed by KELLER WILLIAMS-TREC | $215,000 | |
| Listed by KELLER WILLIAMS-TREC | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 19, 2020 | In contract | - | |
| In contract | |||
| Sep 8, 2020 | Listed | $184,900 | |
| Listed | |||
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This newly remodeled home in the desirable Southwood subdivision is yours for the taking! This sweet home has been updated from top to bottom including the landscaping and even the front door giving the home amazing curb appeal! It is move in ready complete with two different living areas, beautiful dark wood laminate flooring, new light fixtures, and a fully updated kitchen which offers well-chosen subway tile, two-toned cabinets, updated coordinating countertops, recessed lighting, a center island, and lots of natural light with the charming over-the-sink window. The home welcomes you into a convenient foyer with closet storage and room for a drop zone with the living room off to your right. As you wind around you will find the spacious dining area and the open concept style kitchen giving the home great flow. Adjacent to the remodeled kitchen is a comfortable family room that features a new wood burning fireplace with gorgeous tile surround, added cabinets for an office area, and a glass door entrance to the inviting and peaceful back patio. The generously sized backyard offers a well-maintained privacy fence that provides a relaxing environment creating the perfect place to unwind. In addition, the backyard has a charming pathway to a garden shed and access to the functional two-car garage. The nicely sized 3-bedrooms are perfectly situated in the back of the house with one being the master that provides a full bath with an appealing updated vanity. Peace of mind maintenance includes a new furnace and AC in 2020, new garage door in 2019, new garbage disposal in 2018, refrigerator in 2018, newer windows throughout, new paint and flooring throughout, and soon to be new roof because of hail damage. This cherished home has been well-cared for and will not last long! The manager has listed the unit size as 1605 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017