8937 Sumac Street
About This Property
Welcome to this stunning 4-bedroom, 2-bathroom home offering 1,939 sq. ft. of comfortable living space on a spacious 0.43-acre lot. Built in 2021, this property feels like new and is loaded with upgrades throughout.
Enjoy the convenience of a 3-car garage, a fully paid-off solar system for energy savings, and a brand-new fence surrounding the property for privacy. Inside, you'll find a modern open layout, a tankless water heater, and tasteful finishes designed for both style and function.
The expanded back patio is perfect for entertaining or relaxing outdoors, with plenty of room to customize your dream backyard.
Located near top-rated schools, shopping, and amenities, this home combines modern living with everyday convenience.
Current VA mortgage is assumable, take over the 2.49% interest rate and low payments!!
Don't miss the chance to own this upgraded gem with space to grow!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 12, 2025 | Sold | ||
| Sold | |||
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Listed by MCDERMOTT REALTY GROUP | $539,999 | |
| Listed by MCDERMOTT REALTY GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017