40 Lafayette Avenue
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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 22, 2025 | Sold | ||
| Sold | |||
| Aug 21, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Listed by HomeSmart Premier Living Rlty | $419,000 | |
| Listed by HomeSmart Premier Living Rlty | |||
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Sunday Open House cancelled :Charming updated 3 bedroom 1 bathroom Ranch. New windows, new flooring, newer bathroom, updated kitchen & high hats. This is truly a turn key home that sits on a fully fenced yard that is just shy of a quarter of an acre. Expansive detached garage.
| |||
| Sep 28, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Sold | ||
| Sold | |||
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About Mastic
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Currently no similar homes aroundNearby Rentals
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$5,412 /mo
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017