7 Sumner Lane
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 |
|---|---|---|---|
| Feb 3, 2017 | Sold | ||
| Sold | |||
| Apr 6, 2015 | Listed by Coldwell Banker Realty - Lexington | $3,500,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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Location Location ! Rare opportunity to live at Belmont's newest address. Brand new picturesque private road offers in town living in the most coveted exclusive Belmont Hill location. The rolling lawns and graceful old trees will give you the feeling of the old south. Enter through the the granite posts and come and see the stunning classic new homes placed around one of Belmont's finest grand estate homes, all just a stones throw from where Winslow Homer once painted. This classic turn of the century inspired new home will offer incredible country views, peeks of the Boston skyline and acres of conservation land. All of these homes are one of a kind built with incredible craftsmanship and refined details. An "open layout" will offer a formal yet modern lifestyle with spaces for all you desire. In addition this thoughtfully designed neighborhood is steps to public transportation, 80+ acres of nature trails, Belmont Center and notable schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017