621 Sumner Avenue
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 9, 2019 | Sold | ||
| Sold | |||
| Feb 13, 2019 | Listed by Daunno Realty Services | $374,900 | |
| Listed by Daunno Realty Services | |||
| Dec 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 20, 2018 | Listed | $259,900 | |
| Listed | |||
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Opportunity is knocking make sure you answer! This home is Ideal for the handy buyer who is not afraid of a little work. Set on a corner lot in a desirable development is this attractive expanded Ranch with terrific curb appeal but in need of some TLC. Offering a large family room with a full brick wall fireplace, hardwood flooring in living room, hallway and bedrooms, some newer appliances and thermal windows. In addition there is vinyl siding, a large paver patio and paver retaining walls. This is the ideal location for NYC Train, Busses, Major Highways, Shopping & Beaches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017