40 Desert Brook 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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | Listed by Berkshire Hathaway HomeServices Evolution Properties | $500,000 | |
| Listed by Berkshire Hathaway HomeServices Evolution Properties | |||
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Attention investors, contractors, or the ambitious and handy future-homeowner seeking a golden opportunity. 40 Desert Brook Rd is a perfectly located 3 bedroom gambrel waiting for someone to renovate it into a dream home… Located on a well-established cul-de-sac, this nearly 2 acre property abuts Wrentham’s Lake Pearl…yes, you can launch your kayak from your own lot! Property offers 1887 sq feet, 3 bedrooms, 1.5 baths and an unfinished walk-out basement with easy access to the back yard. Home is being sold “as is” and is priced accordingly. Here’s your chance to buy in a great town and create your own equity! Showings begin Tuesday, April 23.
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| Dec 16, 1992 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017