1
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40 Cambrdige Turnpike
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 |
|---|---|---|---|
| Jan 28, 2011 | Sold | ||
| Sold | |||
| May 15, 2010 | Listed by Kate Bargnesi | $484,999 | |
| Listed by Kate Bargnesi | |||
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Stunning 4BR home; 1.96 acres of private land - A rare find at this price-point. Close to the city yet far enough away to enjoy suburban amenities. New shingles & paint, new wrap-around low maintenance deck, new shed, 2 car garage & great schools. 1 of 2 bathrooms is brand new. HW floors in LR/DR, new carpet in BRs&family room. Town has provided plans for pending new road that will eliminate the route 2 driveway & reports the state will give eminent domain money for small section of driveway.
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