40 Elm St
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 |
|---|---|---|---|
| Dec 30, 2013 | Sold | ||
| Sold | |||
| Jun 3, 2013 | Listed by Century 21 McLennan & Company | $189,900 | |
| Listed by Century 21 McLennan & Company | |||
| Jul 15, 2010 | Listed by Coco, Early & Associates | $239,900 | |
| Listed by Coco, Early & Associates | |||
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Spacious and charming describes this 3 to 4 bedroom home. The exterior of this home has been freshly painted and the interior boasts additional updates including a newly updated 3 season front porch, a second floor master bedroom w/adjoining nursery/office, a new heating system, a new (200 amp) electric service, beautifully refinished hardwood floors, a nicely updated kitchen and bath.
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| Jan 15, 2010 | Listed | $250,000 | |
| Listed | |||
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Take a walk through the front door of this West Methuen home into yesteryear. There you will find yourself in a deceptively spacious and uniquely charming 3 to 4 bedroom bungalow. This home has many recent updates beginning with a newly updated 3 season front porch, a second floor master bedroom w/adjoining nursery/office, a new heating system, a new (200 amp) electric service, beautifully refinished hardwood floors, and a nicely updated kitchen and bath.
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| Sep 24, 2004 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017