2386 SUMATRAN WAY #44
About This Property
The manager has listed the unit size as 1100 square feet.
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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%.
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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 |
|---|---|---|---|
| Oct 21, 2026 | Listed | $125,000 | |
| Listed | |||
| |||
|
This well-maintained 2BR/2BA unit on the 2nd floor is move in ready. The unit features updated windows in the Florida Room and Master bathroom, and newer AC. The kitchen has an updated built in oven, extra cabinets and counter tops and a dual basin stainless steel sink. Assigned parking. The 55+ community has two activity centers, and two private golf courses with 9 and 18 holes, free exclusively for resident owners. There are two swimming pools; one is heated. The remodeled Cardio Gym has the latest exercise equipment. A very pet-friendly community, there is a fenced dog park with covered seating. There are hobby studios, and a wood shop for the exclusive use of the residents. Activities include fitness classes, dancing, clubs, cards, billiards, entertainment, classes, and much more. The on-site Good Karma Café has take & bake meals and snacks. Close to beaches, transportation, shopping, entertainment, and fine dining. All room sizes, floor plans and square footage are approximate. This property is being transferred by a leasehold estate deed. Association approval is required. If financing, 35% down is required.
| |||
| Sep 28, 2023 | Sold | ||
| Sold | |||
| Aug 28, 2023 | In contract | - | |
| In contract | |||
| May 26, 2023 | Listed | $159,000 | |
| Listed | |||
| | |||
|
This well-maintained 2BR/2BA unit on the 2nd floor is move in ready. The unit features updated windows in the Florida Room and Master bathroom, a washer/dryer, and the AC was replaced in 2021. The kitchen has an updated built in oven, extra cabinets and counter tops and dual basin stainless steel sink. Assigned parking. The 55+ community has two activity centers, and two private golf courses with 9 and 18 holes, free exclusively for resident owners. There are two heated swimming pools. The remodeled Cardio Gym has the latest exercise equipment. A very pet-friendly community, there is a fenced dog park with covered seating. There are hobby studios, and a wood shop for the exclusive use of the residents. Activities include fitness classes, dancing, clubs, cards, billiards, entertainment, classes, and much more. The on-site Good Karma Café has take & bake meals and snacks. Close to beaches, transportation, shopping, entertainment, and fine dining. All room sizes, floor plans and square footage are approximate. This property is being transferred by a leasehold estate deed. Association approval is required. If financing, 35% down is required. Washer/Dryer and hook ups must be approved by the association.
| |||
| Dec 9, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/18/2024
|
2 Bed
|
2 Bath
|
1100 ft²
|
$175,000
2 Bed
2 Bath
1100 ft²
|
$133,000
-24.00%
09/26/2025
|
Eugene Verly
BRAINARD REALTY
| |
|
03/09/2024
|
2 Bed
|
2 Bath
|
1100 ft²
|
$245,000
2 Bed
2 Bath
1100 ft²
|
$156,000
-36.33%
06/13/2025
|
Vincent Bertola
ACQUIRED DREAM REAL ESTATE SERVICES
| |
|
12/05/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$170,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Ken Reiss
ON TOP OF THE WORLD RE
| |
|
07/19/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$179,900
2 Bed
2 Bath
1100 ft²
|
-
-
|
Vivian Tawfic
CHARLES RUTENBERG REALTY INC
| |
|
05/03/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$135,000
2 Bed
2 Bath
1100 ft²
|
$148,500
+10.00%
06/22/2022
|
Philippa Main
FUTURE HOME REALTY INC
| |
|
03/21/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$155,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Scott Baker
ON TOP OF THE WORLD RE
| |
|
09/08/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$144,900
2 Bed
2 Bath
1100 ft²
|
-
-
|
Cindy Fazzini
RE/MAX Realtec Group Inc
| |
|
07/14/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$149,900
2 Bed
2 Bath
1100 ft²
|
$149,900
08/31/2021
|
Tammie Kubisiak
LUXURY & BEACH REALTY INC
| |
|
08/13/2020
|
2 Bed
|
2 Bath
|
1100 ft²
|
$134,900
2 Bed
2 Bath
1100 ft²
|
$122,000
-9.56%
01/05/2021
|
Robb Clark
CENTURY 21 COAST TO COAST
| |
|
01/15/2020
|
2 Bed
|
2 Bath
|
1100 ft²
|
$95,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Barbara N. Logan
ON TOP OF THE WORLD RE
| |
|
02/25/2019
|
2 Bed
|
2 Bath
|
1100 ft²
|
$98,500
2 Bed
2 Bath
1100 ft²
|
$83,000
-15.74%
08/16/2019
|
Joe Ross
| |
|
01/24/2019
|
2 Bed
|
2 Bath
|
1100 ft²
|
$162,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
| |
|
11/20/2018
|
2 Bed
|
2 Bath
|
1100 ft²
|
$105,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Andy Schramek
Keller Williams - Clearwater
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017