40 Cinnamon Cir #40
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 29, 2024 | Sold | ||
| Sold | |||
| Jan 31, 2024 | In contract | - | |
| In contract | |||
| Jan 24, 2024 | Listed by RE/MAX Real Estate Center | $499,900 | |
| Listed by RE/MAX Real Estate Center | |||
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Welcome to your new home! This charming 3-bed, 1.5-bath townhouse offers comfort and convenience in a serene neighborhood. The well-designed kitchen flows into the dining and living areas, creating an inviting space. Enjoy the cozy living room, bathed in natural light, with a view of the spacious deck – perfect for morning coffee or gatherings. Two generously sized bedrooms provide tranquility, while the third on the 3rd level adds privacy and versatility. The entire home maximizes space and functionality, featuring central air, a central vacuum system, and a 1-car garage for secure parking and storage. Embrace comfort and aesthetics in this townhouse, ready to be your new home. Seize the opportunity to make this delightful property yours – schedule a showing today and relish the joy of townhouse living at its finest!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/24/2024
|
3 Bed
|
2 Bath
|
1646 ft²
|
$499,900
3 Bed
2 Bath
1646 ft²
|
$540,000
+8.02%
02/29/2024
|
Vilma Michienzi
RE/MAX Real Estate Center
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017