46 SUMTER Place
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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $799,999 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Nov 15, 2025 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Oct 21, 2025 | Listed | $850,000 | |
| Listed | |||
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Step into luxury living with this exquisite 4-bedroom, 3-bathroom waterfront, pool home in the prestigious community of Shearwater. This meticulously maintained home features an open floor plan with a gourmet kitchen, cafe area and a private office. Theres plenty of room for all your toys in the oversized tandem 4 car garage. The gourmet kitchen is a haven for culinary enthusiasts, featuring quartz counter tops, stainless steel appliances, double ovens, a gas cooktop, and large island with seating. The kitchen flows seamlessly into the family room and cafe area; perfect for entertaining. Sliding glass doors open to an expansive screened outdoor living spaced, complete with a heated saltwater pool and spa, and scenic views of the pond. Outdoor living enhanced with motorized, Wi-Fi-enabled privacy shades, offering full or partial screening at the touch of a button. Control privacy remotely via smartphone or remote for effortless comfort and flexibility. The primary suite includes a spa-like bathroom complete with an oversized shower, dual vanities and a walk-in closet with custom. built ins. Let's not forget you can watch the game or movie in your private media room. Additional highlights include three secondary bedrooms, and an array of design upgrades throughout. Shearwater is conveniently located near shopping, dining, and top-rated schools. Community amenities include: a clubhouse, splash park, gym, swimming pools, nature trails, lazy river, a kayak launch and much more. Don't miss the opportunity to make this extraordinary property your new home!
**Ring doorbell, cabinets and refrigerator in the garage do not convey. **
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017