1
Map
637 Sumner Way Unit 5 #5
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 |
|---|---|---|---|
| Nov 21, 2016 | Sold | ||
| Sold | |||
| Aug 26, 2016 | Listed by Harcourts Sand and Sea Prop. | $398,000 | |
| Listed by Harcourts Sand and Sea Prop. | |||
| Sep 26, 2014 | Sold | ||
| Sold | |||
| Jul 1, 2014 | Listed by Signature Properties | $355,000 | |
| Listed by Signature Properties | |||
| | |||
|
New Paint and Carpet . Four bedrooms 2.5 baths 1837 ESF with attached 2 car garage. Brisbanes largest model. Has a small private yard and grassy area with covered porch . A great value for North County coastal area property. Entire downstairs all tile flooring. Bedrooms are upstairs. Superb location within the development end unit away from busy roads allows lots of light close to the community pool / spa and playground. Complex is VA and FHA approved . See Supplement... Neighborhoods: Brisbane Complex Features: ,,, Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/10/2020
|
3 Bed
|
3 Bath
|
1471 ft²
|
$425,000
3 Bed
3 Bath
1471 ft²
|
$435,000
+2.35%
01/08/2021
|
Ryan Stephens
| |
|
08/26/2016
|
4 Bed
|
2 Bath
|
1835 ft²
|
$398,000
4 Bed
2 Bath
1835 ft²
|
$396,500
-0.38%
11/21/2016
|
Candy Vargas
Harcourts Prime Properties
| |
|
07/01/2014
|
4 Bed
|
2 Bath
|
1837 ft²
|
$355,000
4 Bed
2 Bath
1837 ft²
|
$355,000
09/26/2014
|
Sean Martin
Signature Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017