44 Sumner St
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 25, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 25, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2023 | In contract | - | |
| In contract | |||
| Jun 16, 2023 | Price Decreased |
$650,000
↓ $35K
(5.1%) | |
| Price Decreased | |||
| Apr 29, 2023 | Listed by Compass | $685,000 | |
| Listed by Compass | |||
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A peaceful union of diamond-in-the-rough serenity and simple New England self-sufficiency, this one-level home is sure to become a much-loved landing place for family and friends. The home honors its spectacular location—on a quiet side street off Rte. 133, on a 1-acre lot bounded by Walker Creek leading to the Essex River—with walls of picture windows framing unbroken views of tranquil woodlands. Inside, a deceptively large and flowing open concept design is highlighted by bright and expansive rooms with windows at every turn, creating an overall sense of being part of the surrounding landscape. The kitchen is large by any standard, with more than enough counter space and cabinets, while a warm and inviting living room offers wood floors, built-ins, and a brick fireplace. Three bedrooms are equally large with one and a half baths, sizable closets, and picture windows. A spacious walkout basement with high ceilings will support a variety of uses including fireplaced family room.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017