2964 W 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 |
|---|---|---|---|
| May 26, 2022 | Sold | ||
| Sold | |||
| Apr 21, 2022 | Listed by Milehimodern | $875,000 | |
| Listed by Milehimodern | |||
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Classic character commingles with modern updates to craft a charming setting in this Sunnyside residence. An inviting front porch leads further inside to an open main floor layout flowing w/ fresh wall color. Large windows illuminate a spacious living room in natural light as handsome flooring continues into a bright dining area. Warm wood cabinetry adorns a classic kitchen complete with a newer subway tile backsplash and a modern light fixture. Four sizable bedrooms are complemented by two full baths. Adjacent to the back door, a drop zone features smart storage w/ built-in shelving and hooks. A staircase ascends to an upper-level flex space ideal for a dining area or office w/ new paint and tiled flooring. Downstairs, a finished lower level boasts additional living space w/ tall ceilings, a wet bar and storage. Spend warm evenings dining al fresco on a quaint patio in a fenced-in backyard. Amenities include a vast three-car garage and newly installed central air.
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| May 28, 2019 | Sold | ||
| Sold | |||
| Nov 4, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017