1763 40th Ave
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 29, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | Listed by Sears Real Estate | $1,100,000 | |
| Listed by Sears Real Estate | |||
| Oct 1, 2015 | Sold | ||
| Sold | |||
| Mar 6, 2009 | Sold | ||
| Sold | |||
| Jan 22, 2006 | Listed | $715,000 | |
| Listed | |||
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Located in beautiful Pine Ridge Estates. This magnificent walk out ranch has it all .Will be available in early 2006. Granite counter tops kitchen and baths, hardwood floors in dining room, kitchen, family room. Exterior courtyard. Four car garage plus. Beautiful cabinetry with lots of extra storage features. Gourmet kitchen with commercial range.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017