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40 Flora Street
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 |
|---|---|---|---|
| Apr 8, 2011 | Sold | ||
| Sold | |||
| Nov 30, 2007 | Sold | ||
| Sold | |||
| Sep 17, 2007 | Listed by Coldwell Banker Realty - Longmeadow | $171,500 | |
| Listed by Coldwell Banker Realty - Longmeadow | |||
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Price reduced on this sunny 3 bdrm L-ranch in desirable 16 Acres neighborhd near Wilb. line. Beautiful hardwood floors. New roof shingles 2001 APO, new elec. panel APO, nice fenced backyard. All appliances included. Living area includes spacious finished basement-possible office/play&TV,-possible in-law suite/teen suite-potential! Bsmt. has own outside entrance/door. Home Warranty. Ready to move into! New Berber carpeting 9/07/bsmt. Offers w/recent mtg. pre-approvals accepted. Motivated owner.
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Address: 335 Madison Avenue, New York, NY 10017