3817 Sumac Court
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 |
|---|---|---|---|
| Apr 25, 2023 | No longer available | - | |
| No longer available | |||
| Mar 8, 2023 | In contract | - | |
| In contract | |||
| Mar 1, 2023 | Listed by Redfin Corporation | $1,350,000 | |
| Listed by Redfin Corporation | |||
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Stunning Hideaway Ranch with OVER $200k in upgrades nestled within Fallbrook! Arrive to find a gated driveway that leads you up to the single story retreat with panoramic views. Enter the home to find an open floor plan with wood flooring, 10' ceilings and excellent natural lighting throughout. The remodeled gourmet kitchen boasts stainless steel appliances, an abundance of wood cabinetry, a large kitchen island and an eat-at counter. The property features a multitude of upgrades throughout, including: OWNED solar, a cozy fireplace in the living room, recessed lighting, modern bathroom vanities, an indoor laundry room, A/C and whole house fan, a spacious primary retreat with a fireplace, walk-in closet and spa-like ensuite bathroom, an attached three-car garage with an EV car charger, and so much more!! The backyard is an entertainer's dream with a deck that features gorgeous VIEWS of the surrounding nature, a BBQ island with stainless steel drawers and an outdoor eating area, a salt-water pool with lights, and a spa! The three acre property includes grapefruit, lemon, lime, tangerine, orange, loquat, pomegranate and more fruit trees. The property is the perfect retreat from city life while being just a short drive from all that suburbia has to offer. Don't wait - book a tour today! The manager has listed the unit size as 3124 square feet.
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| Apr 13, 2018 | Sold | ||
| Sold | |||
| Mar 1, 2018 | Listed by The Metropolitan Group | $899,000 | |
| Listed by The Metropolitan Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017