40 Charles 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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by RE/MAX 360 | $550,000 | |
| Listed by RE/MAX 360 | |||
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In a quiet cul-de-sac on over three acres, 40 Charles Street is the perfect combination of privacy & convenience. This three bedroom, one bath raised ranch has been meticulously maintained & updated by the same owner for almost 50 yrs. The kitchen defines modern comfort & functionality w/sleek black ss appliances, custom red birch cabinets w/ crown molding, a coveted pantry, under-cabinet lighting, & granite countertops. The dining area leads to an expansive deck overlooking tranquil wooded surroundings perfect for summer BBQs or serene birdwatching moments. With a wood burning fireplace and a wall of windows, the living room is bright & welcoming. Three generous bedrooms w/ceiling fans & parquet flooring, along w/a full bath round out the main level.The partially finished lower level can be used as a playroom, den, or guest suite. Updates include a brand new roof, updated heating/AC, hot water heater, whole-house generator & more! Open Fri 4/5 5-6:30, Sat 4/6 11:30-1 Sun 4/7 11:30-1.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017