54 Cunningham 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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by RE/MAX Beacon | $875,000 | |
| Listed by RE/MAX Beacon | |||
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This beautiful home has been cherished by the same family for 47 years. Meticulously maintained and set at the back of a residential neighborhood, it’s just minutes from the MBTA and downtown Hamilton. The back porch, patio, and yard provide a perfect space for hosting summer gatherings, while the cozy living room fireplace adds warmth for cooler months. The heated sunroom overlooking the yard offers a relaxing retreat in any season. The exterior was freshly painted in July 2024. A new 5-bedroom septic is being installed. The oversized driveway and 2-car garage provide ample parking. In addition to the primary living spaces on the first floor there is also a separate set of rooms that include a kitchen (currently no stove), living room, dining room, one bedroom, and a 3/4 bath. With both private entrances and interior access, this area offers numerous possibilities, such as a primary suite for single-level living, an in-law apartment, and more. A rare find for Hamilton!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017