2048 Cummings Lane
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 |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| May 9, 2023 | Listed by All House Realty LLC | $299,999 | |
| Listed by All House Realty LLC | |||
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NEWLY REHABBED QUAD LEVEL, BRICK, 3 BEDROOM, 2 BATHROOM HOME LOCATED IN BEAUTIFUL NEIGHBORHOOD OF FLOSSMOOR. NEW STAINLESS STEEL APPLIANCES: REFRIGERATOR, STOVE, MICROWAVE, DISHWASHER. NEW HARDWOOD FLOORS, CERAMIC TILE. QUARTZ KITCHEN COUNTERS, FRENCH DOORS IN DINING ROOM LEADING TO SUN ROOM, 2 FIREPLACES,. HUGE BACKYARD. ATTACHED 2 CAR GARAGE. MUST SEE! THIS COULD BE YOUR NEXT HOME!! GREAT SCHOOL DISTRICT AS WELL
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| Feb 23, 2023 | Sold | ||
| Sold | |||
| Dec 7, 2022 | Listed by RE/MAX 10 | $164,900 | |
| Listed by RE/MAX 10 | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017