527 Cummings Road
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 |
|---|---|---|---|
| Jun 12, 2023 | Sold | ||
| Sold | |||
| Apr 3, 2023 | Listed by Green Light Real Estate - Barre | $495,000 | |
| Listed by Green Light Real Estate - Barre | |||
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Here is your unique opportunity to own a sunny and updated property just off of Sunset Road - with income potential! This contemporary 3 bedroom, 3 bathroom home offers a stunning one-bedroom accessory dwelling just above the garage perfect for generational living, Air B n B, or other rental income. Enter the home either directly from the gigantic garage, or through the convenient mudroom with slate tile and vaulted ceiling with wood detail. The open concept design of the main floor will please even the pickiest buyer! There is so much room to entertain, while still having defined areas for relaxation. Enjoy toasty evenings next to the wood stove and its lovely tiled hearth while the radiant floor heat warms your feet. The main level has easy access to the outdoor hot tub, fenced-in backyard and even a 3 season porch! Upstairs is a cozy primary suite with a gorgeous tiled shower, two more bedrooms, an updated full bath with laundry and open bonus space just off the stairs. Along with the rarely-seen 3-bay garage and above-ground pool, this 2+ acre property has something for everyone!
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| Apr 15, 2021 | Sold | ||
| Sold | |||
| Jan 13, 2021 | Listed by Green Light Real Estate | $429,000 | |
| Listed by Green Light Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017