40 Conrad Rd.
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 |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Listed by 29 Realty Group, Inc. | $499,900 | |
| Listed by 29 Realty Group, Inc. | |||
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Location, neighborhood, curb appeal and so much more! Don't miss this three bedroom one and a half bath ranch with lots to offer and so many updates including roof, windows, granite kitchen, hardwoods, tile and tankless hot water! Inviting and ideal for entertaining, the beamed ceiling living room with its bay window flows into the dining room. There you will find custom molding plus a picture window. Off the kitchen is the three season porch allowing for even a more spacious feeling and this has two entrances (one with a deck and ramp) both overlooking and out to the welcoming level back yard. Full, mostly finished basement with an unfinished area that has loads of storage. Main bedroom has a half bath. All bedrooms have overhead lighting and loads of recessed in both the main level and finished basement. Granite steps and paver walk way. Minutes to the Apex Center and 495 and 290. A commuters dream!
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| Apr 20, 2018 | Sold | ||
| Sold | |||
| Feb 22, 2018 | Listed by 29 Realty Group, Inc. | $369,900 | |
| Listed by 29 Realty Group, Inc. | |||
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Welcome home to 40 Conrad Road! This full basement ranch is located on a quiet side street with easy access to shopping, restaurants, the new Apex Center and all major routes. Pride of ownership is evident from the moment you arrive. The first floor offers hardwood flooring throughout along with all newer Harvey windows. The kitchen boasts updated solid wood cabinetry with granite counters, which leads to a large sunroom overlooking a private backyard ideal for entertaining. There are three generous sized bedrooms with a full bath in the hallway, as well as the convenience of a half bath in the master bedroom. Additionally, there is a large bonus room on the lower level. Gas heating with Central A/C completes the package. Don't Delay!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017