40 Hunt Drive #40
About This Property
The manager has listed the unit size as 2400 square feet.
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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%.
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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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Mar 23, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Listed | $1,109,000 | |
| Listed | |||
| | |||
|
Pristine Barrow Model with renovations throughout. Expansive white kitchen with quartz counter tops, gas center island stove cooktop, vented outside, with lots and lots of cabinetry, There's both a Formal and Dining Room, each with remote control gas Fireplace, Upstairs to the Primary Suite with two huge walk-in closets, a a second private deck. Additionally, another full bath and Two Bedrooms. Downstairs the the laundry, playroom/home office and anther full Bath with lots of storage. The Hunt Club has an outdoor Pool, Tennis courts and a Playground. The Club house offers, Racquetball, Fitness center, Spa Bathrooms, Card and Party Rooms with a full Kitchen as well.
| |||
| Dec 7, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Aug 23, 2023 | Listed | $1,099,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/22/2024
|
3 Bed
|
4 Bath
|
-
|
$1,109,000
3 Bed
4 Bath
|
$1,109,000
06/21/2024
|
Judy Fruitbine
Douglas Elliman Real Estate
| |
|
08/23/2023
|
3 Bed
|
3 Bath
|
-
|
$1,099,000
3 Bed
3 Bath
|
-
-
|
Judy Fruitbine
Douglas Elliman Real Estate
| |
|
02/03/2022
|
3 Bed
|
4 Bath
|
2400 ft²
|
$999,000
3 Bed
4 Bath
2400 ft²
|
-
-
|
Judy Fruitbine
Douglas Elliman Real Estate
| |
|
03/05/2013
| |
3 Bed
|
2 Bath
|
-
|
$749,000
3 Bed
2 Bath
|
$718,000
-4.14%
09/23/2013
|
Judy B. Fruitbine
Shawn Elliott Luxury Homes
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017