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45 CUNNINGHAM DRIVE
About This Property
The back yard offers excellent entertaining spaces, including a covered lanai, a built in summer kitchen with bar top seating, an enclosed outdoor shower and a private, raised dock - as well as a secondary floating dock, perfect for launching SUPs and kayaks.
Finally, the home includes a sprawling, circular driveway with room for a boat/trailer/RV and a massive, 3 car garage with high ceilings and versatile interior bonus spaces - all of which offer tons of utility, storage and parking for all your toys. If you missed this one before, you owe it to yourself to come see it now. Watch the video!
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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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| Jun 8, 2026 | In contract | - | |
| In contract | |||
| May 2, 2026 | Price Decreased |
$2,145,000
↓ $50K
(2.3%) | |
| Price Decreased | |||
| Apr 14, 2026 | Relisted | $2,195,000 | |
| Relisted | |||
| Apr 10, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017