40
Map
40 Great Ring Road
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 25, 2026 | Listed by Compass Connecticut, LLC | $1,250,000 | |
| Listed by Compass Connecticut, LLC | |||
| Sep 17, 2026 | Price Decreased |
$1,450,000
↓ $50K
(3.3%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by Compass Connecticut, LLC | $1,500,000 | |
| Listed by Compass Connecticut, LLC | |||
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Rare opportunity to own an exceptional 5.45-acre country retreat featuring a beautifully updated home and pool set on 2.02 acres, plus an adjacent 3.43-acre lot offering added privacy and exciting possibilities for the future. Across the road, a picturesque pond feels like your own-great for fishing and skating. At the heart of the home is a modern chef's kitchen with a large island and Sub-Zero, Wolf and Miele appliances, opening to a spacious informal dining room. Two sets of sliders lead to the wraparound deck overlooking rolling lawns and the pool-the perfect setting for al fresco dining and sunset views. The fantastic family room, with vaulted beamed ceiling and fireplace, is an inviting place to gather for movie nights or relaxed weekends at home. Outside, summer living takes center stage with a 20x40 saltwater pool and cabana complete with kitchenette and bathroom-perfect for effortless entertaining and long afternoons by the pool. And if that's not enough, Lake Zoar just two miles away, offering boating, fishing, hiking and relaxing days at Eichler's Cove Beach. Recent improvements include new Hardie siding, windows and doors throughout, a Tesla car charger, and Tesla Solar Roof with Powerwalls for self-sustaining power-providing energy efficiency and added peace of mind, especially for those enjoying the property as a weekend or second home. Less than 90 minutes from NYC, yet worlds away, this is country living at its best.
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| Dec 2, 2005 | Sold | ||
| Sold | |||
| Aug 1, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017