0 Cumberland Drive
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 |
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| Apr 18, 2025 | Listed by RE/MAX NorthStar | $22,500 | |
| Listed by RE/MAX NorthStar | |||
| Mar 28, 2025 | Listed by RE/MAX NorthStar | $22,500 | |
| Listed by RE/MAX NorthStar | |||
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Newly Revised Lot 29 to allow for more land with a perfect building spot and limited seasonal waterview on Lake Barkley. Perfect for yourweekend get-a-way or your permanent home! Calhoun Boat Ramp just minutes up the road.
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| Dec 12, 2023 | No longer available | - | |
| No longer available | |||
| Nov 6, 2023 | Listed by ATLAS Real Estate & Auction Services | $400,000 | |
| Listed by ATLAS Real Estate & Auction Services | |||
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THIS IS AN AUCTION. ADVERTISED PRICE FOR MARKETING PURPOSES ONLY. 2 Lake Barkley Waterfront Homes with Dock Active Income Producing Short Term Rentals (VRBO, Airbnb, Evolve) 416 & 432 Cumberland Dr., Cadiz, KY 42211 Saturday 12/2 at 10AM Live on-site with online simulcast bidding available THREE AUCTION PREVIEWS/OPEN HOUSES: Wednesday 11/15 from 4-6PM, Wednesday 11/22 from 2-4PM, Sunday 11/19 from 2-4PM Tract 1: 416 Cumberland Drive, Cadiz, KY Lake Barkley waterfront home Dock 3 Bed 2 Bath 2,400+/- sq ft Sleeps 12+ Open concept on the ground floor Walk-out basement Hot tub Cedar-lined sauna Expansive 2 story deck 36x30 detached shop/garage Circular concrete drive Poured concrete walls Metal roof Selling turnkey, fully furnished with all contents Tract 2 432 Cumberland Drive, Cadiz, KY Lake Barkley waterfront home Dock 6 Bed 3 Bath 3,000+/- sq ft Sleeps 20+ 3 Story Poured concrete walls and Metal roof Pull-through driveway with parking for 6 vehicles Terraced and lighted walkway from the parking area to the lake Selling turnkey, fully furnished with all contents Tract 3: Water-view lot New home site or perfect for an additional building for storing lake necessities Tract 4: Water view lot 30X40 post-frame shop Both properties have dedicated slip in the 2-slip shared dock Both properties recently redecorated and refurnished top to bottom Wi-Fi and internet access available Abundant native wildlife including deer, turkey, eagles, osprey, and more 1 hour 30 minutes to Evansville IN & Nashville TN Personal Property: John Deere Side by Side: XUV550 S4 EZ Go golf cart with front and rear facing seats Golf cart with front and rear facing seats Yamaha Wave Runner EX Deluxe (hours Yamaha Wave Runner EX (hours Tandem jet ski trailer 2002 24ft Tracker Party Barge Interior floors seating furniture replaced 2022. New cover 2022 Garmin 53DV GPS fish finder 200 w stereo system 90 hp Mercury 4-stroke outboard installed 2023 Trailer included 2001 Bennington 18ft pontoon 200w stereo 90hp Mercury 4-stroke outboard engine installed 2021 Life jackets & noodles Trailer included 3 Swift kayaks 4 Wave kayaks 1 Gladiator Heavy Duty 3 Person Tube The manager has listed the unit size as 5400 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017