40 Clifton Ave
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 |
|---|---|---|---|
| Nov 4, 2019 | Sold | ||
| Sold | |||
| Oct 2, 2019 | Listed by Compass | $799,900 | |
| Listed by Compass | |||
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Thoughtful restoration of Classic Colonial loaded w/space & charm & located in best of Clifton. SO close to Beach, bikepath, Ware Pond, Bus, schools, shopping & parks. Tall ceilings, crisp walls, deep moldings, huge windows, spacious rooms & quality upgrades. Sunny foyer opens to spacious Liv Rm w/working pocket drs & formal Din Rm w/handsome FP. Kitchen w/hand-rubbed walnut cabinets by mast cabinet maker, new upper cabinets & art tile backsplash. Sunrm has custom Fr Doors w/working side-lights & overlooks lush grounds for year-round retreat. Oversized deck is perfect for enjoying exceptional gardens. Mudrm, ½ Bath & Lndry complete 1st level. Upstairs offers stylish Bath & 4 Lg Bedrms including spacious Master w/space for en-suite Bath. 2 more Bedrms on 3rd flr w/new ceilings, walls & heat. Gar, ample parking & updates incl new 200 amp service w/all new wiring & lighting, new windows, insul, int paint & hardware, ref floors & approx 5 yr old Roof, ext paint & Gas boiler & much more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017