40 Blacksmith Rd
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 |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by LAER Realty Partners | $795,000 | |
| Listed by LAER Realty Partners | |||
| | |||
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A true forever home for your family! This beautiful, 9-room, 3+ bedroom colonial is situated on a private cul-de-sac with over 1 acre of beautifully landscaped grounds with full irrigation. This home is full of sunlight and open spaces with plenty of room for everyone. The quality craftsmanship is visible throughout with beautiful hardwood floors, crown molding, tiled bathrooms, and skylights in the family room, this property is ready for its next owners to move right in. Use your imagination to tailor this home to your needs with two flex rooms that could be used as additional bedrooms, office space, fitness areas, or additional tv/hobby space. There is plenty of storage for all the tools, recreational equipment and more with two sheds, a full walkout basement with lots of storage areas, and a work bench with more storage in the attached two-car garage. Established neighborhood, perfect for walking & bicycling, close to I93, I495, Rt3, public schools, NH tax-free shopping & more!
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| Jul 30, 2019 | Sold | ||
| Sold | |||
| May 15, 2019 | Listed by LAER Realty Partners | $549,900 | |
| Listed by LAER Realty Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017