40 Hargrove Drive
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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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Listed by Exit Family Realty | $699,999 | |
| Listed by Exit Family Realty | |||
| | |||
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Charming expanded ranch situated on .44 acre, extremely private backyard with an in-ground pool embedded into a professionally designed landscaped backyard providing flowering bushes and trees throughout the seasons. The interior of the home consists of 4 bedrooms, 2 full baths, laundry room, living room with wood burning fireplace, dining room and a family room with sliders to the paved patio and pergola for optimal view of the backyard. 12 Month Home Warranty available for purchase.
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| Jul 25, 2019 | Sold | ||
| Sold | |||
| May 10, 2019 | In contract | - | |
| In contract | |||
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About Stony Brook
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017