lot 44-1 Cummings Rd
About This Property
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Cap Rate Calculator
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 22, 2024 | Sold | ||
| Sold | |||
| Dec 9, 2023 | In contract | - | |
| In contract | |||
| Sep 11, 2023 | Sold | ||
| Sold | |||
| Jun 20, 2023 | Listed by LAER Realty Partners | $55,000 | |
| Listed by LAER Realty Partners | |||
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Come build your dream home on just over 2 acres.This property is in a great location - just minutes from the historic Winchendon center and surrounded by beautiful homes! This is the perfect opportunity to build on a lot surrounded by nature. Only a couple miles from Rt140 this makes for a private location, but very convenient for anyone commuting. Any outdoor enthusiasts will find an abundance of activities Winchendon has to offer from the North Central Pathway recreational trail to Lake Dennison which offers 150+campsites, a public beach, and trails for hiking/biking/ and horseback riding. There is so much this town has to offer, come and take a look today to start building your forever home!
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| Feb 16, 2023 | Listed by LAER Realty Partners | $55,000 | |
| Listed by LAER Realty Partners | |||
| | |||
|
Come build your dream home on just over 2 acres.This property is in a great location - just minutes from the historic Winchendon center and surrounded by beautiful homes! This is the perfect opportunity to build on a private lot surrounded by nature. Only a couple miles from Rt140 this makes for a private location but very convenient for anyone commuting. Any outdoor enthusiasts will find an abundance of activities Winchendon has to offer from the North Central Pathway recreational trail to Lake Dennison which offers 150+campsites, a public beach, and trails for hiking/biking/ and horseback riding. There is so much this town has to offer, come and take a look today to start building your forever home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017