40 East Central Ave
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 |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| Apr 20, 2023 | In contract | - | |
| In contract | |||
| Apr 11, 2023 | Listed by Cape Landing Real Estate | $325,000 | |
| Listed by Cape Landing Real Estate | |||
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Walk to Onset Beach and Village from this beautifully renovated home. Spacious living room has gas fireplace that is thermostatically controlled, hardwood flooring and French doors to large patio. There is great space in the oversize utility room that has washer/dryer, and Navien hot water heater. Kitchen is equipped with refrigerator, dishwasher, microwave, trash compactor and garbage disposal. Town Sewer, Town Water & two mini splits for a/c & heat. You will love the multi-level decks with new pergola great for entertaining after a day at the beach. 10x12 storage shed. New roof 2020. Enjoy swimming, fishing, kayaking, boating & clamming within minutes from your door. The fenced yard offers great space for all of your outdoor activities and has plenty of parking. Walk to the Village to enjoy outdoor concerts, summer festivals, fabulous restaurants, and great boating & Kayaking. The Cape Cod Canal only minutes away. Home is being sold turnkey. You will love the coastal vibe!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017