40 Bates Road
About This Property
MUST SEE THIS CLASSIC AND UPDATED CENTER HALL COLONIAL THAT SITS ON A PRIVATE 1 ACRE CORNER LOT. FEATURES 4 BEDROOMS AND 3 FULL BATHROOMS! THIS BEAUTIFUL HOME HAS JUST HAD $70K IN BRAND NEW VINYL SIDING AND FRONT ENTRYWAY, BRAND NEW HVAC. THIS HOME ALSO BOASTS A TOTAL KITCHEN RENOVATION W/ GRANITE COUNTERTOPS, SS APPLIANCES, DOUBLE OVEN AND NEW SLIDER DOOR LEADING OUT TO THE DECK. THE SECOND FLOOR FEATURES VERY SPACIOUS, SUNFILLED BEDROOMS, MASTER SUITE W PRIVATE BATH. THE PARTIALLY FINISHED BASEMENT HAS GREAT ENTERTAINMENT AND WORKSPACE FOR ALL, WITH PLENTY OF HIDDEN STORAGE SPACE AS WELL. ENJOY THE OUTSIDE ENTERTAINMENT AREA WITH GAZEBO. SO WITH ALL THESE IMPROVEMENTS AND UPGRADES DONE FOR YOU- WHAT ARE YOU WAITING FOR...THIS HOME IS MOVE IN READY!!
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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 |
|---|---|---|---|
| Jul 20, 2021 | Sold | ||
| Sold | |||
| May 28, 2021 | Listed by RE/MAX Homeland Realtors | $524,000 | |
| Listed by RE/MAX Homeland Realtors | |||
| Mar 16, 2015 | Sold | ||
| Sold | |||
| Jun 17, 2014 | Listed by Weichert Realtors-Jackson | $339,000 | |
| Listed by Weichert Realtors-Jackson | |||
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Well maintained Colonial w/4 bedrooms & 3 full baths sits on a on 1 acre, corner property w/fenced backyard. All rooms are very spacious including the Family Room w/ a brick, wood-burning Fireplace that opens to Kitchen. Slider to 2-tier Deck off Kitchen overlooking huge backyard; great for entertaining! Cozy, partially finished basement w/recessed lighting, Living Room w/bay window,chair railing in LR & DR, new master bath,front porch,newer windows & garage door. Close to 195,GSP, shopping, etc
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Price/ft²
Listed On
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About Ocean
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Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22116791
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017