331 40TH Street W
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 |
|---|---|---|---|
| Jan 21, 2015 | Listed by INI REALTY | $20,000 | |
| Listed by INI REALTY | |||
| Oct 18, 2004 | Listed by WATSON REALTY CORP | $94,900 | |
| Listed by WATSON REALTY CORP | |||
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LEASE PURCHASE! Newly Rehabed home-almost complete. Repiped, electrical upgrades, fresh paint, new carpet and vinyl. New vanities, new light fixtures and ceiling fans. Move in condition. Formal living and dining rooms, family room and big eat-in kitchen. Great for a big family.SELLER TO ASSIST BUYER IN CLOSING COST.
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| Jul 21, 2004 | Sold | ||
| Sold | |||
| Apr 21, 2004 | Listed by WATSON REALTY CORP | $47,000 | |
| Listed by WATSON REALTY CORP | |||
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Seller Acquired property via foreclosure & therefore has no knowledge of any hazards in this property. Special addendum required with contract. Must close with sellers attorney. Home is being sold as-is.
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Property Highlights
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About Brentwood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017