40 Ledgewood Road
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 |
|---|---|---|---|
| Sep 28, 2021 | Sold | ||
| Sold | |||
| Aug 18, 2021 | Listed by Realty Executives Boston West | $595,000 | |
| Listed by Realty Executives Boston West | |||
| Dec 6, 2011 | Sold | ||
| Sold | |||
| Sep 22, 2011 | Listed by Berkshire Hathaway HomeServices Page Realty | $369,900 | |
| Listed by Berkshire Hathaway HomeServices Page Realty | |||
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Lovely bright & expanded 9 rm, 4 brm, 2.5 bth Raised Ranch w/2300+ sf of liv space! Gleaming hdwd flrs, fireplaced liv rm, e-i-kit w/cedar wd cath ceiling & skylt, formal din rm opens to beautiful 4 season sun rm addition w/cath ceiling, 4 skylts & 5 sets of sliders to huge wrap around deck! New arch roof, gutters, windows, gar drs, 2 furnaces, C/A & more! Wonderful Pheasant Hill neighborhood, half acre+ lot, close to all major routes, schools & shopping! Walk to Callahan State Park!!
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