40 Frederick 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 |
|---|---|---|---|
| Sep 18, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $429,000 | |
| Listed | |||
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Imagine being able to walk to the most popular beach on the Upper Cape: Old Silver! Then stroll home to your private pretty Cape at the end of a quiet lane. Ideal as an investment property and/or a summer getaway. It features an open plan for the major living spaces on the first floor. The front to back fireplaced living room is open to the dining area off the kitchen. Also on the first floor is a den/office with a full bath off it now being used as a guest bedroom. The 2 spacious bedrooms are on the 2nd floor, both front to back with skylights and a cheery full bath between. Enjoy the cool of the back deck shaded by evergreens or soak in the sun on the south side bluestone patio in the front yard. Rare West Falmouth offering in a picturesque part of town. Live the dream!The manager has listed the unit size as 1729 square feet.
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| Jun 14, 2017 | Listed by Kinlin Grover Real Estate | $429,000 | |
| Listed by Kinlin Grover Real Estate | |||
| Dec 12, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017