214 Sumner Avenue
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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 |
|---|---|---|---|
| Aug 5, 2022 | Sold | ||
| Sold | |||
| Mar 5, 2022 | Listed by Seaside Heights Realty Inc. | $799,900 | |
| Listed by Seaside Heights Realty Inc. | |||
| | |||
|
DO NOT WAIT to see this beautiful new construction home on a rare 25x100' lot with stunning views. You can pick your colors and still be in for the summer!! This size house on this size lot is hard to find.Amazing views from the large roof top deck w/ bonus room/bdrm w/a full bath.. New Custom Home w upgrades everywhere: Beautiful open layout perfect for entertaining or just enjoying your new shore house, 9' ceilings 1st floor, Stainless appliances, tile backsplash, granite counters, soft close cabinets, Multi zone HVAC. Tankless HW Heater, tiled showers in all bathrooms. 2 car garage, 2nd fl laundry room, ceramic tile flooring, 3 balconies, 2 blocks to the beach & boardwalk.Fema compliant w 10 yr new homeowner warranty. Avg summer weekly rentals $5500.
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| Mar 10, 2021 | Sold | ||
| Sold | |||
| Jan 17, 2021 | No longer available | - | |
| No longer available | |||
| Jan 16, 2021 | Listed by Seaside Heights Realty Inc. | $289,900 | |
| Listed by Seaside Heights Realty Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017