40 Brown
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%.
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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 |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Sep 12, 2025 | Listed by East Key Realty | $598,500 | |
| Listed by East Key Realty | |||
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Nov 2, 2023 | Listed by East Key Realty | $534,900 | |
| Listed by East Key Realty | |||
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First time offered since built by Owner, this Custom Cape features a covered Farmer's Porch and Open Concept kitchen/living room. The kitchen has been remodeled with new granite counter tops and island with generous cabinet space and pantry. The living room has a great country feel with fieldstone hearth and cathedral ceiling. Fantastic first floor primary bedroom with private full bath featuring a jetted tub, tiled shower and large walk-in closet. For those with kids living at home, the two second floor bedrooms both have a private full bath and large closets. A large landing area looks down over the living room and could be used as a sitting area or home office. The basement features double French doors to walk out and great natural light. The pool table is included as are the two Napoleon Woodstoves. There is also a workshop area and storage with an additional walk out door from that space. The large deck on back overlooks your own private pond! This home, along with five others, share a common 25 acres, perfect for hiking and adding to the quiet seclusion of this unique property. Close to Waldorf and Wells Schools.
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| Oct 31, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017