5651 Sumner Way #310
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 12, 2026 | Sold | ||
| Sold | |||
| Apr 6, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Price Decreased |
$600,000
↓ $20K
(3.2%) | |
| Price Decreased | |||
| Mar 14, 2026 | Price Decreased |
$620,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Feb 21, 2026 | Price Decreased |
$630,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/08/2026
|
2 Bed
|
2 Bath
|
1099 ft²
|
$650,000
2 Bed
2 Bath
1099 ft²
|
$600,000
-7.69%
05/12/2026
|
Gregory Eubanks
Redfin Corporation
| |
|
08/09/2024
|
2 Bed
|
2 Bath
|
1154 ft²
|
$649,000
2 Bed
2 Bath
1154 ft²
|
$645,000
-0.62%
09/27/2024
|
Vivian Lesny
Keller Williams Silicon Beach
| |
|
06/19/2024
|
2 Bed
|
2 Bath
|
1099 ft²
|
$665,000
2 Bed
2 Bath
1099 ft²
|
$665,000
08/16/2024
|
Vivian Lesny
Keller Williams Silicon Beach
| |
|
08/19/2023
|
1 Bed
|
1 Bath
|
772 ft²
|
$529,979
1 Bed
1 Bath
772 ft²
|
-
-
|
Christine Canillas
Pacific Playa Realty
| |
|
09/17/2021
|
1 Bed
|
1 Bath
|
772 ft²
|
$449,000
1 Bed
1 Bath
772 ft²
|
$458,000
+2.00%
10/29/2021
|
Jamial Clark
Renaissance Realty Group
| |
|
09/13/2021
|
1 Bed
|
1 Bath
|
772 ft²
|
$465,000
1 Bed
1 Bath
772 ft²
|
$475,000
+2.15%
10/26/2021
|
Lenny Michalski
Compass
| |
|
09/03/2021
|
1 Bed
|
1 Bath
|
846 ft²
|
$470,000
1 Bed
1 Bath
846 ft²
|
$482,500
+2.66%
10/19/2021
|
Cristina Warfield
Compass
| |
|
01/03/2021
|
2 Bed
|
2 Bath
|
1190 ft²
|
$610,000
2 Bed
2 Bath
1190 ft²
|
$619,500
+1.56%
02/09/2021
|
Mona Cohen
| |
|
01/02/2020
|
1 Bed
|
1 Bath
|
772 ft²
|
$465,000
1 Bed
1 Bath
772 ft²
|
$469,000
+0.86%
01/31/2020
|
Tamra (Tami) Pardee
| |
|
11/14/2018
|
2 Bed
|
2 Bath
|
1154 ft²
|
$599,000
2 Bed
2 Bath
1154 ft²
|
$625,000
+4.34%
12/20/2018
|
Vivian Lesny
Keller Williams Silicon Beach
| |
|
07/19/2018
| |
2 Bed
|
2 Bath
|
1154 ft²
|
-
2 Bed
2 Bath
1154 ft²
|
-
-
|
-
|
|
11/08/2017
|
1 Bed
|
1 Bath
|
846 ft²
|
$398,888
1 Bed
1 Bath
846 ft²
|
$435,000
+9.05%
12/22/2017
|
ROBERT YOUNG
CENTURY 21 MASTERS
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017