641 Sumner Way #2
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 |
|---|---|---|---|
| Mar 25, 2019 | Sold | ||
| Sold | |||
| Dec 16, 2018 | Listed by RE/MAX Liberty | $470,000 | |
| Listed by RE/MAX Liberty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/03/2026
|
2 Bed
|
2 Bath
|
1141 ft²
|
$577,000
2 Bed
2 Bath
1141 ft²
|
$540,000
-6.41%
09/29/2026
|
Dalia Hirmez
Keller Williams Realty
| |
|
12/16/2018
|
3 Bed
|
2 Bath
|
1837 ft²
|
$470,000
3 Bed
2 Bath
1837 ft²
|
$460,000
-2.13%
03/25/2019
|
Annette Robinson
eXp Realty of California, Inc.
| |
|
04/22/2016
|
3 Bed
|
2 Bath
|
1471 ft²
|
$349,900
3 Bed
2 Bath
1471 ft²
|
$340,500
-2.69%
06/08/2016
|
John Vogel
Engel & Volkers Carlsbad
| |
|
09/18/2012
|
4 Bed
|
2 Bath
|
1837 ft²
|
$235,000
4 Bed
2 Bath
1837 ft²
|
$237,000
+0.85%
12/20/2012
|
Ed Johnson
Harcourts Prime Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017