7 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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Lamacchia Realty, Inc. | $540,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Welcome to your new home! The inviting living room features a wood fireplace, exposed brick wall creating a cozy ambiance. The formal dining room boasts built-in cabinets, while the kitchen is equipped with an island and new stove and microwave. A sun-filled family room is great for movie nights! A convenient in-home office, and a half bath complete the main floor, now featuring luxury vinyl flooring, modern electrical fixtures, and updated outlets. Upstairs, the primary bedroom offers built-in cabinets and an ensuite bath, while the second bedroom also includes ample storage. Major upgrades include a newer roof (2021), mini-splits throughout (2023), added downstairs office space, new light fixtures, and freshly painted interiors. Enjoy tons of privacy in the backyard while being just minutes from Nashua!
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| Jan 28, 2022 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by Lamacchia Realty, Inc. | $439,900 | |
| Listed by Lamacchia Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017