40 Friend 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 |
|---|---|---|---|
| Jan 22, 2026 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Listed by Leading Edge Real Estate | $829,900 | |
| Listed by Leading Edge Real Estate | |||
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PICTURE PERFECT RANCH located on a quiet cul-de-sac in Wakefield’s highly desirable West Side! This charming home offers an ideal blend of comfort, convenience, and style—just a stones throw from Walton School, downtown Wakefield, public transportation, and beautiful Lake Quannapowitt. Enjoy gleaming hardwood floors throughout, a recently updated kitchen, & a spacious three-season porch overlooking a private backyard—perfect for relaxing or entertaining. The oversized living room & dining area are bright and open. Primary bedroom includes a lovely en suite ¾ bath plus two additional spacious bedrooms. & the updated main bathroom complete this 1st floor. The fully finished basement expands your living space with a cozy family room featuring a fireplace and a separate area ideal for a home gym or office. Additional highlights include an oversized two-car garage and central air, making this home a true gem in one of Wakefield’s most sought-after neighborhoods.
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| Jun 30, 2016 | Sold | ||
| Sold | |||
| Apr 27, 2016 | Listed by Barrett, Chris. J., REALTORS® | $569,900 | |
| Listed by Barrett, Chris. J., REALTORS® | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017