40 DAVIS MILL 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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Listed by Keller Williams Realty - Ocean City | $465,000 | |
| Listed by Keller Williams Realty - Ocean City | |||
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**Welcome to your new house on the Hill! Nestled in the coveted Stow Creek area of Cumberland County, this fully updated Country Home beckons. Boasting 3 bedrooms and 2 baths on a generous 2.93 acres, this residence offers a perfect blend of comfort and style. Renovated to perfection, this home features a newer roof with a brand-new septic system installed in 2023. The well water treatment system has been recently updated along with a newer HVAC system. Step inside through the inviting sun room to discover a functional floor plan that seamlessly connects the spacious dining room to the fully upgraded kitchen or living room. Revel in the beauty of 42-inch kitchen cabinets, quartz countertops, and a subway tile backsplash, all illuminated by new recessed lighting and pendant lights. Stainless-steel appliances grace the space, while a custom butcher block island adds both style and functionality. Transition effortlessly from the eat-in kitchen to the custom backyard deck, perfect for hosting BBQs and family gatherings. The expansive yard, fenced and private, provides ample space for playsets or a pool, ensuring entertainment for all ages. The interior showcases a large living room with recessed lights and a remote-controlled fireplace. Move through the hallway past the breakfast nook to discover the pantry/laundry room, followed by two spacious bedrooms and an upgraded hall bathroom. The primary suite is a retreat in itself, featuring a generously-sized walk-in closet with custom shelves. The luxurious ensuite bathroom is a sanctuary, offering a large soaking tub with a chandelier, a separate shower, and a double sink vanity with quartz countertops. The partially-finished basement built with Superior Walls features 9+ foot ceilings and awaits your creative touch, whether it's a media room, home gym, or additional living space. The property also includes attached two-car covered parking and two substantial pole barns (25x40 and 40x60), one of which features electricity. Conveniently located just minutes from schools, medical facilities, and restaurants, this home strikes a perfect balance between accessibility and rural charm. Easy access to highways leading to Philadelphia and the shore points adds to its appeal. Don't miss out on the opportunity to make this your forever country home —schedule your showing now!
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| Feb 21, 2024 | Price Decreased |
$474,000
↓ $500
(0.1%) | |
| Price Decreased | |||
| Feb 12, 2024 | Price Decreased |
$474,500
↓ $500
(0.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017