1000 40th Avenue
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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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by Paula Rogers & Associates | $459,000 | |
| Listed by Paula Rogers & Associates | |||
| Mar 16, 2022 | No longer available | - | |
| No longer available | |||
| Mar 10, 2022 | Listed by Billero & Billero Properties | $330,000 | |
| Listed by Billero & Billero Properties | |||
| | |||
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Hidden Gem on .65 Acres at the end of the street & neighborhood! Terrific & Convenient Location to shopping & schools! Room for RV, toys or whatever floats your boat! 3 Bedroom, 2 Baths & half bath in Florida Room.
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About Vero Beach South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017