15 Drummer Hill Rd
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 |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Dec 10, 2023 | In contract | - | |
| In contract | |||
| Nov 2, 2023 | Listed by William Raveis R.E. & Home Services | $785,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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This stunning 3-bedroom, 4.5 bath home nestled in the heart of nature offers a serene escape from the hustle and bustle of everyday life. With 12 spacious rooms spread across three well-designed floors, this contemporary masterpiece, reflecting a Frank Lloyd Wright style, is an ideal retreat for those seeking a harmonious blend of modern living and the tranquility of the outdoors. This quality-built home is not only ideal for entertainment but also suited for families and multigenerational living. The open floor plan invites an abundance of natural light, seamlessly connecting the interior with the lush surroundings. The property boasts beautiful decks, perfect for outdoor gatherings and relaxation. Overall, this home is a contemporary haven for those who appreciate quality, space, and the beauty of the great outdoors. Many extras. A short distance from UMass and downtown Amherst, it offers the convenience of city amenities and the privacy of a cul-de-sac neighborhood. Don’t miss out!
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| Nov 1, 2023 | No longer available | - | |
| No longer available | |||
| Oct 18, 2023 | Price Decreased |
$785,000
↓ $15K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017