2835 40th 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%.
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 |
|---|---|---|---|
| Nov 13, 2024 | Price Decreased |
$455,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Sep 16, 2024 | Listed | $460,000 | |
| Listed | |||
| | |||
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Welcome Home! Pride of Ownership shines in this semi custom Ranch style home. Main floor boasts vaulted ceilings, spacious living area, new carpet throughout, while the kitchen features newer stainless steel appliances, maple cabinets and a large pantry. Cozy up in the huge Owners suite complete with a full bathroom and walk in closet. The finished basement is an entertainers playground! Plenty of space for a work out area/pool table/theatre, its ready for you to make yours. Also, there is an additional bedroom, full bathroom and laundry area. Enjoy the summer evenings on your back patio covered by a pergola that has a seasonal shade, built in seating and an area for your grill! The landscape is extremely well maintained, storage shed, outdoor lighting, fully fenced and the roof is 5 years new. Don't miss this!
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| Jun 23, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2022 | Listed by C3 Real Estate Solutions, LLC | $440,000 | |
| Listed by C3 Real Estate Solutions, LLC | |||
| Jul 2, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017