40 Clinton 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 |
|---|---|---|---|
| Feb 25, 2011 | Sold | ||
| Sold | |||
| Oct 17, 2010 | Listed by Connie Doto Realty Group | $265,378 | |
| Listed by Connie Doto Realty Group | |||
| Mar 25, 2008 | Sold | ||
| Sold | |||
| Nov 1, 2006 | Listed by Kody & Company, Inc. | $399,921 | |
| Listed by Kody & Company, Inc. | |||
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MOTIVATED SELLERS! WEST METHUEN MARSH SCHOOL DISTRICT! Totally renovated w/addition in 1987. Sunny open concept colonial featuring large rooms and potential for legal in-law*. New Flooring and fresh paint. 3 Season Sunroom overlooking beautiful inground pool/patio area. Wooded fenced in yard. Dead end street abutting conservation. SO MUCH POTENTIAL! 4 additional rooms in basement not included in GLA. GREAT 93 COMMUTER LOCATION! THIS IS A MUST SEE!
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Address: 335 Madison Avenue, New York, NY 10017