4 Forty Second St
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 |
|---|---|---|---|
| Jun 22, 2015 | Sold | ||
| Sold | |||
| May 9, 2015 | Listed by Century 21 North East | $155,000 | |
| Listed by Century 21 North East | |||
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Water views!!!! Property is a complete rehab or tear down. Sales price must meet full list price, no seller concession. Buyers to assume all costs and responsibilities to have utilities turned on. Seller will not provide smoke certificate or title 5. All cash offers must have 10% EMD within 48 hours of accepted offer with no changes to the sellers addendum's. Property is being sold “as is” and is subject to HUD Guidelines 24 CFR 206.125. Will not qualify for fha/VA financing call or rehab only. SELLER WILL NOT ACCEPT OFFERS SUBJECT TO GETTING A BUILDING LOT---BUYERS TO RESEARCH PRIOR TO SUBMITTING THE OFFER. Multiple offers highest and best by 5/12 at 5 pm. Please sign and send in the multiple offer form that is attached to MLS
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| Jun 2, 2005 | Sold | ||
| Sold | |||
| Apr 7, 2005 | Listed by Century 21 North Shore/Fermin Group | $474,900 | |
| Listed by Century 21 North Shore/Fermin Group | |||
| Jul 15, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017