2471 Sumatran WAY #11
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 |
|---|---|---|---|
| Jul 20, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by RE/MAX ELITE REALTY | $274,900 | |
| Listed by RE/MAX ELITE REALTY | |||
| Jan 26, 2022 | No longer available | - | |
| No longer available | |||
| Jan 23, 2022 | Listed by CHARLES RUTENBERG REALTY INC | $159,000 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
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Welcome to On Top Of The World, a 55+ Community! This FIRST FLOOR unit features newer laminate flooring, newer windows, and newer A/C (2020). Let's not forget your reserved parking spot right in front of your unit! This community has two activity centers, two private golf courses with 9 and 18 holes, free exclusively for resident owners, dog parks, two swimming pools, and a gym. There is even a Cafe within the community! Perfectly located close to beaches, transportation, shopping, entertainment, and dining. Come take a look today! The manager has listed the unit size as 1100 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/19/2024
|
2 Bed
|
2 Bath
|
1100 ft²
|
$139,900
2 Bed
2 Bath
1100 ft²
|
$125,000
-10.65%
07/29/2024
|
Michael Hargett
ON TOP OF THE WORLD RE
| |
|
01/23/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$159,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Michelle Byrd
CHARLES RUTENBERG REALTY INC
| |
|
07/22/2020
|
2 Bed
|
2 Bath
|
1400 ft²
|
$119,000
2 Bed
2 Bath
1400 ft²
|
-
-
|
-
| |
|
06/19/2019
|
2 Bed
|
2 Bath
|
1100 ft²
|
$82,500
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
| |
|
09/01/2017
| |
2 Bed
|
2 Bath
|
1400 ft²
|
-
2 Bed
2 Bath
1400 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017