638 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 |
|---|---|---|---|
| May 13, 2020 | Sold | ||
| Sold | |||
| Mar 12, 2020 | Listed by Coldwell Banker Realty | $479,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/16/2026
|
3 Bed
|
2 Bath
|
1471 ft²
|
$650,000
3 Bed
2 Bath
1471 ft²
|
$665,000
+2.31%
04/01/2026
|
Darin Triolo
Keller Williams - Carmel Valley / Del Mar
| |
|
07/17/2025
|
4 Bed
|
2 Bath
|
1837 ft²
|
$750,000
4 Bed
2 Bath
1837 ft²
|
$700,000
-6.67%
01/12/2026
|
Donald Engle
Harcourts Prime Properties
| |
|
02/01/2024
|
2 Bed
|
2 Bath
|
1141 ft²
|
$539,900
2 Bed
2 Bath
1141 ft²
|
-
-
|
Chad Dannecker
Compass
| |
|
03/12/2020
|
4 Bed
|
2 Bath
|
1837 ft²
|
$479,900
4 Bed
2 Bath
1837 ft²
|
$480,000
+0.02%
05/13/2020
|
Bryan Smithwick
Coldwell Banker Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017