1
Map
70 & 70 R Sumner Street
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 |
|---|---|---|---|
| Sep 17, 2007 | Sold | ||
| Sold | |||
| Feb 15, 2007 | Listed by RE/MAX 360 | $639,000 | |
| Listed by RE/MAX 360 | |||
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Stunning views directly on Walker Creek. Wildlife, birdlife. Artistically, professionally landscaped. Sequential blooming palette of shrubs, trees, grasses. Large deck, sunfilled 3 BR suites. 1st floor creates opportunity for 1floor living. Newer heating, new roof.Chimney's recently repointed. 16"insulation. Once the 2 rm Haskell School House. Public access for launching boats at corner of street.Excludes pomengranite lamp,DR shelf.24 hr notice for showings.TitleV compliant!
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