40 Estate Ln
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
| Jan 20, 2025 | Listed by RE/MAX Harmony | $1,349,900 | |
| Listed by RE/MAX Harmony | |||
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Rare opportunity located steps from Birch Meadow Elementary, the Burbank YMCA, and top Reading schools. This impressive 5BR/4BA Colonial is nestled at the end of a cul-de-sac in a sought-after neighborhood. The first floor boasts a spacious foyer, a bright living room with gleaming hardwood floors and fireplace, an eat-in kitchen, formal dining room, family room with cathedral ceilings and fireplace, mudroom with countertop and sink, and a generously sized 2-car garage. Upstairs, find 4 bedrooms, a full bath plus a primary suite with cathedral ceilings, an en suite bath and walk-in closet. The updated lower level features a family room with built-ins and a stone fireplace, a guest suite with a glass shower, kitchenette, and a large bedroom. Laundry, and storage are also on this level. Pride in ownership and lovingly maintained for 25 years. 1st showing at 1st Open House on Saturday, 1/25, at 11:00 AM to 12:30 PM - No Exceptions. Your next chapter starts here!
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| Mar 15, 2000 | Sold | ||
| Sold | |||
| Dec 27, 1999 | Listed by RE/MAX Harmony | $464,900 | |
| Listed by RE/MAX Harmony | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017