45 Cumberland Dr.
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 |
|---|---|---|---|
| Nov 1, 2024 | No longer available | - | |
| No longer available | |||
| Aug 26, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 13, 2024 | Listed by RE/MAX Synergy | $549,000 | |
| Listed by RE/MAX Synergy | |||
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Attention Investors and First-Time Homebuyers! This is a rare find—a project home priced well below market value! Whether you're a savvy investor or a first-time buyer looking for a spacious home, this property is the perfect winter project. The solid structure features five spacious bedrooms and an in-law suite in the basement, ideal for extended family or extra rental income.Located on the deep West Side near the Easton line, in the desirable Hancock School District, this home offers easy access to all shopping amenities and is just a hop, skip, and jump to the highway. With plenty of room for future expansions, you can truly make this home your own. It’s perfect for anyone seeking a vibrant community with space to grow. Deals like this are rare—don’t miss out!
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| May 28, 2010 | Sold | ||
| Sold | |||
| Mar 8, 2010 | Listed by WEICHERT, REALTORS® - Briarwood Real Estate | $336,000 | |
| Listed by WEICHERT, REALTORS® - Briarwood Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017