9 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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by Compass | $1,075,000 | |
| Listed by Compass | |||
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A charming house with endless potential. Located in the heart of Newton Centre this unique home offers a potential investment opportunity or the perfect project for end users seeking a prime location that they can personalize to their own tastes. With its strategic position and versatile potential, this property promises endless possibilities. There is a large living room with fireplace and a separate dining room on the first floor. The kitchen is open to the family room and a casual dining area and there is also a half bath on the first floor. On the second floor there are three bedrooms, the primary does have an en-suite bath, and there is also an additional full bath on this floor. The house has a full and unfinished basement and there is a one car garage. The yard is spacious and awaiting a gardener's touch. Located just moments away from the Newton Public Library and City Hall and Newton Centre. A commuters delight with easy access to Boston and Logan Airport.
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| Jan 22, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017