3909 Sumac DR
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 |
|---|---|---|---|
| Feb 26, 2024 | No longer available | - | |
| No longer available | |||
| Jan 27, 2024 | Listed by JD Walters Real Estate | $339,000 | |
| Listed by JD Walters Real Estate | |||
| Jan 25, 2024 | Price Decreased |
$339,000
↓ $21K
(5.8%) | |
| Price Decreased | |||
| Dec 5, 2023 | Listed by JD Walters Real Estate | $359,900 | |
| Listed by JD Walters Real Estate | |||
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WOWWWW, what a very rare find!!! This hidden gem has the PERFECT view and location! YESSSS, A LAKE view!! Enjoy the view and get on a paddle board/boat and explore what you might not known was there! The spacious backyard offers a great space for entertaining with beautiful mature trees. Located just mins from Lion's Park, that includes walking trails, baseball fields and mins to IH35! The inside of the home offers a large kitchen that opens to the family room! Use the sun room as an office with a breathtaking view of the lake! The possibilities are just endless!! The manager has listed the unit size as 2415 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017