140 Railroad Avenue
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%.
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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.
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 |
|---|---|---|---|
| Nov 19, 2021 | Sold | ||
| Sold | |||
| Oct 21, 2021 | Listed by The Gove Group Real Estate, LLC | $499,000 | |
| Listed by The Gove Group Real Estate, LLC | |||
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Welcome to this completely remodeled and updated 1843 classic New Englander style home with detached in-law apartment! Enter from the covered side porch into a fully updated and remodeled mudroom adjacent to the bright and stylish modern kitchen. This kitchen boasts ample cabinets, quartz counters with undermount sink, butcher block prep space overlooking the huge backyard and seating area around the peninsula. The dining room provides space for a large table and provides plenty of sunshine. French doors lead to a brand new composite deck off of the kitchen providing access to the large backyard. Adjacent to the kitchen is a living room with original fireplace and a large 1st floor bedroom at the front of the house. There is a full bath on the first floor as well. At the back of the house is unfinished bonus/flex space that could be used as a playroom, office or studio. The 2nd floor has 3 bedrooms, a full bath, private master suite w/ ¾ bath and laundry area. Attached to the house is a large barn providing plenty of options for storage or workshop area. This home also has a detached In-Law apartment. This completely separate unit is 840 sq ft, 1 ¾ stories, kitchen, living room and bathroom on the first floor and 2 bedrooms and storage on the 2nd. Rent this unit out and cut your monthly expenses in half! This home has been completely renovated with all new utilities, too much to include here! Finishing touches are being completed!! Move in in 30 days!
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| Apr 3, 2020 | Sold | ||
| Sold | |||
| Nov 7, 2019 | Listed by RealHome Services and Solutions Inc/NH | $191,400 | |
| Listed by RealHome Services and Solutions Inc/NH | |||
| Apr 18, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017