40 Hoffman Ave
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 |
|---|---|---|---|
| Nov 30, 2018 | Sold | ||
| Sold | |||
| Sep 21, 2018 | Listed by Realty One Group Nest | $319,900 | |
| Listed by Realty One Group Nest | |||
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Welcome home to this spacious ranch located on a quiet street in close proximity to major highways, shopping and hospital. This home features a large professionally landscaped lot that is fenced in and offers a backyard oasis for you to enjoy The home has several upgrades including stainless steel appliance kitchen with granite counters, updated bathrooms, 3 spacious bedrooms with hardwood floors, and a fireplaced living room. The finished lower level makes for a family room, but is currently being used as a fourth bedroom, offering even more space to enjoy. There are also several updates including newer roof, vinyl siding, heating and hot water, and much much more.
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| Nov 1, 2004 | Sold | ||
| Sold | |||
| Jun 11, 2004 | Listed | $253,300 | |
| Listed | |||
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Move right into this meticulous ranch with hardwood floors, spacious bedrooms, central air conditioning, heated sunroom, most appliances remain, unfinished basement has great in-law potential, modern kitchen & bath and beautiful lot on a dead-end street. A Must See!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017