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40 Argyle 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 |
|---|---|---|---|
| Sep 24, 2019 | Sold | ||
| Sold | |||
| Dec 7, 2007 | Sold | ||
| Sold | |||
| Sep 26, 2006 | Listed by Compass | $259,900 | |
| Listed by Compass | |||
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Move right into this well maintained single family. Living room with new 3 inch oak floors. Oak cabinet kitchen with parquet floors. Dining room with built-in china cabinet, first floor den/office, 2 bedrooms on second floor with wall to wall carpet, master bedroom has cedar closet, lots of storage. 12x20 temporary garage, storage shed, 4 wall air-conditioners, lots of off street parking. This property is also commercially zoned, perfect for home/business use.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017