7947 Sumac Ridge
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 13, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by Redfin Corporation | $369,000 | |
| Listed by Redfin Corporation | |||
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Welcome to this inviting 2-story home nestled in the tranquil community of Village In The Woods. A covered front porch sets the tone for the warm and welcoming atmosphere found within. The open floorplan features high ceilings, creating a spacious feel throughout the main living areas. The living room is a focal point, offering access to a deck with peaceful treetop views. A formal dining room, which can double as a flex space for a home office, adds versatility to the layout. The large kitchen boasts an abundance of cabinets and counter space, an island, breakfast bar, and new stainless steel appliances. The Kitchen Aid convection oven is a standout feature, with a 3-rack oven and a baking drawer that functions as a double oven. This home offers dual primary suites, one on each floor, each with spacious closets and updated bathrooms. The downstairs primary suite features a custom closet and an oversized shower with two showerheads. Upstairs, all secondary bedrooms are generously sized, and a second living space/game room provides additional flexibility. Outside, the serene backyard faces a greenbelt and features a large two-level deck, perfect for enjoying the outdoors. The garden space and brand-new fence enhance the privacy and charm of this outdoor oasis, which also features a spacious lawn, mature trees, and an in-ground sprinkler system. Conveniently located near schools, shopping, community park, and more, this home offers a perfect blend of comfort, convenience, and charm. Book your personal tour today!
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| Nov 20, 2005 | Sold | ||
| Sold | |||
| Aug 26, 2005 | Listed by RE/MAX North-San Antonio | $197,757 | |
| Listed by RE/MAX North-San Antonio | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Northwest Side
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017