40 Cushing Avenue
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 |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | In contract | - | |
| In contract | |||
| Aug 15, 2023 | Listed by Seaside Realty | $389,000 | |
| Listed by Seaside Realty | |||
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Welcome home to 40 Cushing Ave. Turn the key and move right in, property was fully renovated in 2020. This beautiful ranch sits on a fully fenced, level lot and is minutes from Route 3, shopping, two Elementary schools, and downtown restaurants. The kitchen boasts Stainless Steel appliances, granite countertops and beautiful laminate flooring throughout. Watch the fireworks from your own back yard with views from Holman Stadium. New Vinyl fence and gate in 2022, the perfect yard for families and pets. Plenty of closets, two sheds and spacious attic for storage. First showings at open house Thursday 8/17 5-7 pm, Sat 11-1, Sunday 3-5 pm. Please submit any offers by 12:00 Monday.
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| May 29, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Listed by Century 21 McLennan and Company | $299,900 | |
| Listed by Century 21 McLennan and Company | |||
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BACK ON THE MARKET!! Welcome home to 40 Cushing Ave. This is a move in ready, single level living home and is what you have been waiting for. Remodeled down to the studs. So you will not have to do a thing to this home for many years. When you live here, you will be in walking distance to Holman stadium, a play ground, Kirkpatricks Corner Store and a public pool for the summer months. Your back yard is spacious and level. Imagine BBQ's out back while watching the fire works. Yes, you will have a best view for the fireworks during the summer months. So come see this beauty and you will fall in love!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017