40 Andrew Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 31, 2026 | In contract | - | |
| In contract | |||
| Jan 24, 2026 | Relisted | $1,000,000 | |
| Relisted | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by homecoin.com | $1,199,000 | |
| Listed by homecoin.com | |||
| |||
|
Discover this gorgeous Victorian home in sought-after Olmstead District-just a short stroll to beaches, shops and restaurants. Featuring 5 bedrooms and 2.5 baths, this home blends classic charm and thoughtful updates throughout. A restored wrap around porch welcomes you into an inviting interior with hardwood floors, coffered ceilings, and an elegant staircase. Oversized doorways connect the living and dining rooms, with a gas fireplace and a cafe-style bar area. The updated kitchen impresses with stainless steel appliances, induction oven, and a generous peninsula-perfect for entertaining in this open layout. Second floor offers four well-proportioned bedrooms and a full bath. The expansive third floor is devoted entirely to the primary suite, complete with sitting area, large double closets, bonus nook ideal for reading or a nursery, and a full bathroom with a jacuzzi tub. Additional upgrades include mini-split units and cellulose insulation. Beautiful house in a great location!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017