1480 Cunningham Rd
About This Property
Outside, an oversized deck and stepping-stone walkway overlook a large, level 0.66-acre lot with freshly seeded lawn, new driveway and gutters. Set on an engineer-certified permanent foundation with new heat pump. On septic and public water. Never lived in and move-in ready in Seymour.
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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 |
|---|---|---|---|
| Oct 4, 2026 | In contract | - | |
| In contract | |||
| Aug 17, 2026 | Listed by Sell Your Home Services, LLC | $269,995 | |
| Listed by Sell Your Home Services, LLC | |||
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Sep 21, 2025 | In contract | - | |
| In contract | |||
| Sep 20, 2025 | Listed by eXp Realty, LLC 7720 | $75,000 | |
| Listed by eXp Realty, LLC 7720 | |||
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Level and unrestricted .66-acre lot ready for your vision! This property comes equipped with gas, electric, and public water, plus a septic system already installed (buyer would need to test the system). With no restrictions and a convenient layout, it's the perfect spot for building your dream home, placing a manufactured home, or creating an investment property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017