40 Ann 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 |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Relisted | $570,000 | |
| Relisted | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Listed by Real Broker MA, LLC | $570,000 | |
| Listed by Real Broker MA, LLC | |||
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Buyer Lost Financing! Don’t miss this second chance to own the charming and updated home! Nestled in a peaceful neighborhood with easy access to I-495 and Route 24, this home combines convenience with comfort. Recent upgrades include 2021 vinyl floors, fresh carpets, and newly built decks, while the 2014 roof features durable 50-year shingles for lasting peace of mind. Modern touches like the 2021 mini-split system, a 2023 stainless chimney liner, and a reliable boiler and hot water system from 2011 ensure efficiency year-round. Inside, enjoy a cozy living room, a finished family room with a fireplace, and a versatile three-season porch, plus two spacious decks perfect for relaxation or entertaining. Just five minutes from Lake Nippenicket, this home also offers easy access to local schools, parks, shopping, and dining—ideal for those seeking both charm and convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017