25 Sumac Lane
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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 11, 2018 | Sold | ||
| Sold | |||
| May 14, 2018 | Listed | $650,000 | |
| Listed | |||
| | |||
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Location, Craftsmanship and Quality all describe this beautiful 4 bedroom cape. The beautiful staircase and tile foyer welcomes you as you enter this stunning home. The kitchen boast wood cabinets with granite counter tops, lighted glass cabinets,spacious island and eat-in area that looks out over the backyard. Pocket doors lead you into a stunning dining room with 2 built in china cabinets, a hardwood floor and custom wainscoting. The living room has a large bay window, built in bookcases and fireplace an ideal space in which to relax. The heart of this house is the family room with a large wood fireplace, cathedral pine wood ceiling, built-in cabinets and wet bar, ceiling fans with sliders opening up to a 4 season sun room. The first floor master suite offers a study w a fireplace, impressive master bedroom, dressing and exercise area, separate laundry and jacuzzi tub. Upstairs 3 sizable bedrooms, with a fourth room that could be an office or bedroom suite for guest. The upgrades and custom built qualities shine through out the home from a sound system on the first floor, central vac in garage and basement, thoughtful built-ins, incredible floor plan for family and entertaining. The outside is just as impressive with impeccable landscaping, granite steps, irrigation system and private deck. The home is immaculate and in move in condition. The manager has listed the unit size as 5114 square feet.
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| Apr 17, 2018 | Listed by BHG Masiello Durham | $650,000 | |
| Listed by BHG Masiello Durham | |||
| Jan 31, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017