9 Sumner Avenue
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 21, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | Relisted | $459,000 | |
| Relisted | |||
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| Jul 1, 2024 | Listed by Property Professionals Realty | $1,329,000 | |
| Listed by Property Professionals Realty | |||
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This newly constructed house in Merrick boasts modern elegance with its four bedrooms and two and a half baths. Featuring a beautifully designed interior, which includes a state-of-the-art kitchen. The property combines contemporary architecture with functional living spaces, making it a very desirable home in a sought-after location. Still time to customize and make it to your own taste and colors., Additional information: Appearance:Diamond,Separate Hotwater Heater:N
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About Merrick
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017