38 Cummings 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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Jan 27, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Listed by Moor Realty Group | $339,000 | |
| Listed by Moor Realty Group | |||
| | |||
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OFFER DEADLINE 1/27 MONDAY AT NOON. Welcome home! to this professionally renovated 3 bedroom, 2 bath colonial. The kitchen features classic white cabinets, stunning quartz countertops, marble tile, new stainless steel stove & dishwasher. The living room is bright & airy with original refinished hardwood floors. The large family room is perfect for gatherings and has new vinyl plank flooring. The entire home has been freshly painted in beautiful neutral tones. Both bathroom improvements include new vanities, toilets, mirrors, fixtures, tub, tile & flooring. Second floor features two oversized bedrooms and a walk in closet. Other features include: new hot water heater, new slider, deck, washer & dryer hook ups in basement. Recently installed new septic system. Located on a quiet country road, this beautiful property is ready for new owners.
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| Feb 22, 2002 | Sold | ||
| Sold | |||
| Oct 12, 2001 | Listed by Moor Realty Group | $124,000 | |
| Listed by Moor Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017