22885 Cumbre Drive
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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by Orchard Brokerage | $598,000 | |
| Listed by Orchard Brokerage | |||
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Dream home on a full acre in Montgomery Co! This 4 bedroom, 3.5 bathroom home is a haven of luxury and comfort. Step inside to discover a bright, open floorplan adorned with high-ceilings and views that seamlessly guide you from the grand foyer to the inviting living spaces. The kitchen is equipped with stainless steel appliances, an elegant apron sink, and gleaming granite countertops. The Primary bedroom is a serene retreat with its luxe ensuite complete with double vanity, modern soaker tub, separate shower and a walk-in closet. Marvel at the architectural charm, throughout, where the decorative arches, built-ins, vaulted and wood-beamed ceilings add elegance to every corner. Rest easy knowing that all appliances convey with the home purchase and the newly installed AC unit will ensure comfort for years to come. Outside, the outdoor kitchen and private fenced yard are perfect for hosting gatherings and creating lasting memories. Click the link for a tour and make it yours, today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017