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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%.
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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.
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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 16, 2019 | No longer available | - | |
| No longer available | |||
| May 3, 2019 | Price Decreased |
$235,000
↓ $3K
(1.3%) | |
| Price Decreased | |||
| Apr 9, 2019 | Listed | $238,000 | |
| Listed | |||
| | |||
|
Welcome to this wonderful Cumberland home with fresh updates. This 4 bedroom split level home welcomes you with a relaxing living room with all day sun and a cozy fireplace. This great kitchen has room for the entire family and features stainless steel appliances, updated cabinets brand new countertops and a tile backsplash. Upstairs you find 3 bedrooms with your master featuring a nice walk-in closet. The lower level has an additional bedroom and a small home office as well as the family room that is a great place to relax and watch a movie with loved ones. Your large backyard will be the place to be on the weekends. Enjoy warm summer days on your paver patio with plenty of space for little ones to play in the yard or add a large garden for plenty of fresh vegetables, or both! Don't forget to relax and rejuvenate in your hot tub. There is plenty of storage with both the basement and extra deep 3 car detached garage with plenty of extra parking. The manager has listed the unit size as 1792 square feet.
| |||
| Jul 10, 2009 | Sold | ||
| Sold | |||
| May 13, 2009 | Listed by Spring Realty | $196,000 | |
| Listed by Spring Realty | |||
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About Cumberland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017