40 Central St
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 |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 18, 2024 | Listed by A & E Realty Company, Inc. | $369,900 | |
| Listed by A & E Realty Company, Inc. | |||
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ATTENTION INVESTORS, CONTRACTORS & FLIPPERS! Check out this "2 FOR 1" ... SINGLE FAMILY HOUSE WITH POTENTIALLY BUILDABLE LOT! Quiet, corner lot in great location close to all of Auburn's amenities. Renovate the house & build a brand new one next door! Current town zoning, frontage and lot size appears to allow for a buildable lot to be subdivided **buyer to do due diligence**. Minutes from highways. Take a look today!
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| Jan 26, 1984 | Sold | ||
| Sold | |||
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