649 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 13, 2021 | In contract | - | |
| In contract | |||
| Jan 9, 2021 | Relisted | $494,999 | |
| Relisted | |||
| Dec 22, 2020 | In contract | - | |
| In contract | |||
| Dec 13, 2020 | Listed | $494,999 | |
| Listed | |||
| | |||
|
Your search ends here! This wonderful condo offers over 1,800 square feet of living space including 4 bedrooms and 2.5 bathrooms! The open floor plan is ideal for family gatherings. Upon entry you are greeted by the family room equipped with a cozy fireplace and entertainment niche. The open and inviting kitchen has granite counter tops, recessed lighting, stainless steel appliances and enough cabinet space for all of your organizational and storage needs. Moving along upstairs you will find the master bedroom showcasing a spacious en-suite with dual sinks and a generous walk-in closet. Three additional bedrooms are located upstairs with a 2nd full bathroom. Attached two car garage! Enjoy the California sunshine in this backyard landscaped to perfection with new turf offering low maintenance. This unit has the largest yard in the complex! The community has a tot lot, pool, jaccuzi and MORE! This home is conveniently located minutes away from the beach, shopping, Hwy-76, downtown Oceanside and much more. Scheudle your private showing today! The manager has listed the unit size as 1837 square feet.
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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 |
|---|---|---|---|---|---|---|---|
|
05/14/2024
|
3 Bed
|
3 Bath
|
1471 ft²
|
$669,900
3 Bed
3 Bath
1471 ft²
|
-
-
|
Chris Heller
Keller Williams Carmel Valley
| |
|
06/06/2023
|
2 Bed
|
2 Bath
|
1141 ft²
|
$565,000
2 Bed
2 Bath
1141 ft²
|
-
-
|
Jennifer Phan
Real Broker
| |
|
12/13/2020
|
4 Bed
|
3 Bath
|
1837 ft²
|
$494,999
4 Bed
3 Bath
1837 ft²
|
-
-
|
-
| |
|
08/16/2019
|
2 Bed
|
2 Bath
|
1141 ft²
|
$384,000
2 Bed
2 Bath
1141 ft²
|
$371,000
-3.39%
10/11/2019
|
Frances Mouser
eXp Realty of California, Inc
| |
|
07/18/2017
|
4 Bed
|
2 Bath
|
1837 ft²
|
$445,000
4 Bed
2 Bath
1837 ft²
|
$443,000
-0.45%
09/25/2017
|
Michael Wynn
Century 21 Affiliated
| |
|
05/12/2016
|
2 Bed
|
2 Bath
|
1141 ft²
|
$319,900
2 Bed
2 Bath
1141 ft²
|
$315,000
-1.53%
06/29/2016
|
Jeri Hein
Berkshire Hathaway HomeServices California Properties
| |
|
10/30/2015
|
4 Bed
|
2 Bath
|
1837 ft²
|
$375,000
4 Bed
2 Bath
1837 ft²
|
$375,000
12/17/2015
|
Felicity Hunter
Real Broker
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017