1
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649 Sumner Way #6
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 |
|---|---|---|---|
| Jun 28, 2023 | No longer available | - | |
| No longer available | |||
| Jun 20, 2023 | In contract | - | |
| In contract | |||
| Jun 6, 2023 | Listed by Real Broker | $565,000 | |
| Listed by Real Broker | |||
| | |||
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Desirable 2 bedroom 2 bath corner unit in the popular Brisbane Community. End unit allows for maximum natural light and nice airy feel with lots of windows. Wood floors throughout including both rooms. Living room includes fireplace for cozy winters. The kitchen features walk-in pantry, stainless steel stove, microwave, and dishwasher. Refrigerator also included. The attached garage is conveniently located on the first floor on the corner. Laundry closet allows for full size washer and dryer. Spacious primary bedroom with walk in closet, double sinks and Second bedrooms thoughfully located across giving maximum privacy. Balcony is right off the dinning area ideal for morning coffee sips. It's plumbed to easily add air conditioning if you wish. Popular San Luis Rey Bike Trail runs right behind the complex that goes all the way to the beach! Close to shopping, restaurants, and schools. Only 5 miles to the fabulous Oceanside Beach, pier, and harbor. The Community features a pool, spa, playground, tot lot, and dog park. The manager has listed the unit size as 1141 square feet.
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| Oct 11, 2019 | Sold | ||
| Sold | |||
| Aug 16, 2019 | Listed by ERA Ranch & Sea Realty | $384,000 | |
| Listed by ERA Ranch & Sea Realty | |||
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Best kept secret and Value in all of Oceanside! Abundance of Light and Airy with lots of windows.This property is an end unit built all on one level. It is plumbed to easily add air conditioning if you wish. Lots of recessed lighting and high ceilings creates lots of open space. The master bedroom is large and has a walk-in closet. The master bathroom is graced with double sinks. You will love the outdoor balcony for enjoying evening breezes. 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 |
|---|---|---|---|---|---|---|---|
|
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