59 Cummings Rd
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 |
|---|---|---|---|
| Apr 15, 2021 | Sold | ||
| Sold | |||
| Feb 1, 2021 | Listed by Leading Edge Real Estate | $899,000 | |
| Listed by Leading Edge Real Estate | |||
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Seller Has Accepted an OFFER. OPEN Houses Cancelled. Move right into this turnkey home near Newton Centre. It is tucked back on a quiet street and close to Newton Library and Bullough's Pond. Enjoy the layout and flow, along with the many upgrades and renovations (from 2012 & later) that include: a 200 AMP electric panel and wiring, new plumbing, most windows, 50 year roof, gas furnace & hot water heater, finished basement, insulation, kitchen with granite countertops & stainless appliances, mudroom, widened stairs, 2 full bathrooms. Light & airy this home offers additional space with two finished rooms and storage in the basement. For your outdoor pleasure , entertain on the well proportioned deck & patio or in the fence enclosed, cute back yard. The location is ideal for shopping , access to the T, bus lines, schools, library and highways. If you are looking for a wonderful, comfortable home in Newton with the upgrades already completed, this is it!
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| Sep 20, 2020 | No longer available | - | |
| No longer available | |||
| Sep 9, 2020 | Listed by Preservation Properties | $875,000 | |
| Listed by Preservation Properties | |||
| Oct 1, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017