40 CUSHMAN Road
About This Property
It's time to unwind, to refresh and enjoy working from home, poolside! Note that the home is being sold with tenants in place thru July 2025. Additional Information: Amenities:Storage,ParkingFeatures:3 Car Attached,
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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%.
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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 6, 2024 | Sold | ||
| Sold | |||
| Jun 21, 2024 | No longer available | - | |
| No longer available | |||
| Jan 15, 2024 | Listed by Julia B Fee Sothebys Int. Rlty | $3,350,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Enjoy the new 2024 lifestyle in this sun-drenched Contemporary situated on a magnificent, private one-acre property, featuring an architecturally stunning heated pool w/cascading ultra spa. Move-in ready for spring & summer entertaining, this property offers multiple stone terraces surrounded by mature trees, an English garden & flowering perennials bursting w/color. This special home features an exciting double height entrance foyer, expansive living rm, formal dining rm, gourmet kitchen w/oversized island & breakfast area, family rm, home office & fabulous 1st fl master bedrm suite. 2nd Fl has 4 add'l bedrms, 3 full baths plus another home office/playroom. Amenities incl multi-zone HVAC, 3 car garage, wonderful extra space in the walk-out lower level, walls of windows & gorgeous views from every room! It's time to unwind, to refresh and enjoy working from home, poolside! Note that the home is being sold with tenants in place thru July 2025.
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| Dec 4, 2017 | Sold | ||
| Sold | |||
| Jan 31, 2017 | Listed by Julia B Fee Sothebys Int. Rlty | $3,195,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017