40 Centre Street
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 |
|---|---|---|---|
| Feb 27, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Feb 24, 2026 | Price Decreased |
$1,199,900
↓ $50K
(4%) | |
| Price Decreased | |||
| Jan 28, 2026 | Listed by Dell Realty Inc. | $1,249,900 | |
| Listed by Dell Realty Inc. | |||
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Totally Renovated 5 bedrooms, 31/2 bath single-family residence, where timeless architecture meets modern luxury. thoughtfully redesigned from top to bottom, this exceptional home showcases sophisticated finishes, expansive living spaces and meticulous attention to details. A stunning chef's kitchen, spa-inspired bathrooms, and beautifully updated flooring, lighting and systems create a truly move-in-ready experience. Each Bedroom offers comfort and privacy, while the spacious primary suite provides a serene retreat. Conveniently located near schools, shopping, dinning and major routes- this is a move-in-ready in the heart of Danvers.
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| Nov 2, 2025 | No longer available | - | |
| No longer available | |||
| Sep 23, 2025 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017