240 Brown 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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | In contract | - | |
| In contract | |||
| Jan 10, 2024 | Listed by 2011 AMERICAN REAL ESTATE CO. LLC | $319,900 | |
| Listed by 2011 AMERICAN REAL ESTATE CO. LLC | |||
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Nestled on a sprawling one-acre lot, this exceptional 5-bedroom, 2.5-bath home is a haven of comfort and style. With its abundance ofnatural light, thoughtfully designed open floor plan, this residence offers a harmonious blend of functionality and aesthetic appeal. Uponentering, you are greeted by a sense of airiness and warmth, thanks to the strategically placed windows that bathe the living spaces innatural light. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating a fluid and inviting atmosphere thatis perfect for both everyday living and entertaining guests. The heart of the home is the chef-inspired kitchen, which features modernappliances, ample counter space, and a convenient center island. The living room, with its large windows and cozy fireplace invitesrelaxation and provides a perfect setting for gatherings. The dining area, conveniently located nearby, offers a delightful space for familymeals or formal dinners.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017