1640 Cumberland Parkway
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 |
|---|---|---|---|
| Mar 19, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Listed by Redfin Corporation | $380,000 | |
| Listed by Redfin Corporation | |||
| Jun 29, 2022 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by American Realty Services, Inc. | $319,000 | |
| Listed by American Realty Services, Inc. | |||
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Estate Sale. Spacious 3 bedroom 2 bath ranch. Enjoy the bright and open kitchen with eating area that opens to dining area with cathedral ceiling. Sliding doors off kitchen leads to patio and large backyard. Large master bedroom with master bath and huge closets. Window treatments in all rooms. Half basement with storage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017