40 Artisan Way
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 4, 2026 | Sold | ||
| Sold | |||
| Apr 27, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by Ryan Realty Group LLC | $369,000 | |
| Listed by Ryan Realty Group LLC | |||
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2-bedroom, 1-bath home in a desirable Forestdale location ready for your finishing touches. The heavy lifting has been done, including all-new electrical rough-in, newer windows throughout, updated siding on both gable ends, and existing A/C for future comfort.Interior has been opened up with LVL beams to create a modern, open-concept layout. Plans for a custom kitchen with exposed beams are available. Bathroom is ready to be completed to your taste.Situated on a spacious yard with plenty of potential. Great opportunity to build equity at an attractive price point in a strong location.
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| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | In contract | - | |
| In contract | |||
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Address: 335 Madison Avenue, New York, NY 10017