650 Sumner Way #4
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 1, 2017 | Sold | ||
| Sold | |||
| Mar 23, 2017 | Listed by Renovation Realty | $355,000 | |
| Listed by Renovation Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/23/2017
|
3 Bed
|
2 Bath
|
1471 ft²
|
$355,000
3 Bed
2 Bath
1471 ft²
|
$368,000
+3.66%
05/01/2017
|
Gina Scafani
Avenue3 Realty Inc
| |
|
08/15/2011
|
4 Bed
|
2 Bath
|
1837 ft²
|
$229,888
4 Bed
2 Bath
1837 ft²
|
$206,000
-10.39%
02/08/2012
|
Chris Heller
Keller Williams Carmel Valley
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017