1509 Cumberland Court
About This Property
This is a generous hard to find 2 sty with 2,822 sq ft, with 4 beds+ lot and 4 full baths+ loft that could be made into a 5th bedroom if you need one. 1 bedroom and 1 full bath downstairs,could be considered a master suite. Bedrooms are updated and even have chair rails and crown, molding and/or baseboards. Granite counter and stainless steel appliances and updated and upgraded light/fan fixtures, recessed lighting. Covered patio area great for a relaxing hot summer afternoon and a string of lights on patio for the summer get togethers. Freshly painted for you and ready to move-in. This very well maintained and cared for home could be yours!
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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 |
|---|---|---|---|
| Aug 9, 2019 | Sold | ||
| Sold | |||
| Jun 29, 2019 | Listed by American Real Estate-List&Sell | $395,000 | |
| Listed by American Real Estate-List&Sell | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017