40 Hughes Avenue
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 |
|---|---|---|---|
| Oct 20, 2019 | No longer available | - | |
| No longer available | |||
| Aug 10, 2019 | Price Decreased |
$2,300,000
↓ $195K
(7.8%) | |
| Price Decreased | |||
| May 4, 2019 | Price Decreased |
$2,495,000
↓ $100K
(3.9%) | |
| Price Decreased | |||
| Oct 20, 2018 | Listed by Coldwell Banker Res Brokerage | $2,595,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
| | |||
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New Construction. Dead end street in the Glen Oaks section of Rye. Walk to School, Train and Rye Golf Club. Open floor plan and exceptional outdoor space. All three floors have 9' ceiling and large moldings. Four bedrooms, 3.1 bathrooms, Chef's kitchen with GE monogram appliances, large island and breakfast area. Dining room, living room and family room with stone fireplace complete the first floor. MBR/walk-in-closet, spacious bathroom with double sink. 2 bedrooms with Jack and Jill bath, 1 bedroom en-suite bath. Full finished basement- family room,mud room,walk-out to backyard. Stone patio with large fireplace and built-in 42" Lynx barbecue (off dining room). Oversized 2 car garage- room for 2 Suburbans, bikes etc. The manager has listed the unit size as 3197 square feet.
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| Jun 23, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017