629 Sumner Way #3
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 |
|---|---|---|---|
| Sep 12, 2014 | Sold | ||
| Sold | |||
| Jul 25, 2014 | Listed by Harcourts Sand and Sea Prop. | $315,000 | |
| Listed by Harcourts Sand and Sea Prop. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/20/2020
|
2 Bed
|
2 Bath
|
1141 ft²
|
$385,000
2 Bed
2 Bath
1141 ft²
|
-
-
|
-
| |
|
02/29/2020
|
4 Bed
|
2 Bath
|
1837 ft²
|
$485,000
4 Bed
2 Bath
1837 ft²
|
$473,000
-2.47%
04/13/2020
|
Sharyn Seymour
AARE
| |
|
03/20/2015
|
3 Bed
|
2 Bath
|
1471 ft²
|
$325,000
3 Bed
2 Bath
1471 ft²
|
$320,000
-1.54%
05/11/2015
|
Candy Vargas
Harcourts Sand and Sea Prop.
| |
|
08/06/2014
|
4 Bed
|
2 Bath
|
1837 ft²
|
$360,000
4 Bed
2 Bath
1837 ft²
|
$360,000
11/25/2014
|
Candy Vargas
Harcourts Prime Properties
| |
|
07/25/2014
|
3 Bed
|
2 Bath
|
1471 ft²
|
$315,000
3 Bed
2 Bath
1471 ft²
|
$317,000
+0.63%
09/12/2014
|
Candy Vargas
Harcourts Sand and Sea Prop.
| |
|
03/19/2014
|
2 Bed
|
2 Bath
|
1141 ft²
|
$270,000
2 Bed
2 Bath
1141 ft²
|
$275,000
+1.85%
04/25/2014
|
Rebecca Maldonado
Spangler Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017