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40 Clark 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 20, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Listed by Keller Williams Realty | $580,000 | |
| Listed by Keller Williams Realty | |||
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Imagine walking out your front door to catch a show at the Marigold Theatre, grab sushi at Kisara, or explore Easthampton's vibrant Cottage Street arts & nightlife scene, then lacing up your boots for a 30-minute walk to the summit of Mount Tom. This kind of combination, genuine urban walkability and direct access to a mountain, is nearly unheard of in the Pioneer Valley and 40 Clark Street delivers both. This charming 1920s farmhouse offers over 2,000 sq ft of living space with 4 bedrooms, 2.5 baths, and a rare first-floor primary suite with a pellet stove and sliding glass door opening to an oversized backyard and garden. Inside, you'll find hardwood floors, a renovated modern farmhouse kitchen (2017), updated Pella windows (2020), a new oversized hot water heater (2024), a 1-car garage, and a brand new roof (2026) on the addition, all with knob-and-tube wiring already removed. Warm, inviting, and full of character, this home that connects you to everything the Valley has to offer.
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| Dec 20, 2019 | Sold | ||
| Sold | |||
| Sep 4, 2019 | Listed by Carol Heon Real Estate | $369,000 | |
| Listed by Carol Heon Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017