255 Sumner
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 26, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by Coldwell Banker Realty - Westwood | $835,000 | |
| Listed by Coldwell Banker Realty - Westwood | |||
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Welcome to this inviting 4-bedroom, 2.5-bathroom home designed for multi-generational living. Situated on a generous lot, this property offers ample space and thoughtful features. The heart of this home features an open-concept kitchen and living area, perfect for family gatherings. The main kitchen boasts modern appliances and ample storage. A separate kitchen on the lower level provides flexibility for multi-generational living. Whether it’s accommodating extended family or hosting guests, this additional kitchen ensures convenience. Four spacious bedrooms offer comfort and privacy. Step outside to your private oasis—a sparkling saltwater pool with a recently replaced liner, Pool filter and Salt Generator. Enjoy sunny days by the pool, entertain, or simply relax by the water. The backyard is an entertainer’s dream. Lounge on the patio, take a dip in the pool, or gather around a fire pit during cooler evenings.
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| Apr 21, 2024 | Price Decreased |
$835,000
↓ $15K
(1.7%) | |
| Price Decreased | |||
| Feb 1, 2024 | Listed by OwnerEntry.com | $849,500 | |
| Listed by OwnerEntry.com | |||
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Absolutely gorgeous property! You’ll feel like you’re on vacation every day you live here! Two kitchens for the extended family.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017