637 Sumner Way #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. | |||
| |||
|
Spacious 4Bd town home, feels like you're in a detached home. This home features 2.5Ba, tile flooring through out downstairs, and carpeting in upstairs bedrooms, gas fireplace. Large patio yard is a blank canvas to create your own oasis. All appliances will convey, Stainless Steel Refrigerator and washer/dryer only two years old. Centrally located in complex, close to pool, spa, tot lot, and dog park. Complex is VA/FHA approved. Close to back gate of Camp Pendleton, shopping, and schools. Neighborhoods: Brisbane Complex Features: , Equipment: Dryer, Washer Other Fees: 0 Sewer: Sewer Available Topography: LL
| |||
| Sep 26, 2014 | Sold | ||
| Sold | |||
| Jul 1, 2014 | Listed by Signature Properties | $355,000 | |
| Listed by Signature Properties | |||
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