40 Leo Drive
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 |
|---|---|---|---|
| Jun 13, 2013 | Sold | ||
| Sold | |||
| May 2, 2013 | Listed by Real Living Realty Professionals, LLC | $164,500 | |
| Listed by Real Living Realty Professionals, LLC | |||
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Location! Pride of Ownership is evident in this impeccably maintained 3 bedroom L-ranch located in one of Chicopee's most desirable neighborhoods is a must see. You’ll fall in love with features like the hardwood floors, generously sized rooms, red brick fireplace, newer roof, newer efficient economical gas heat and gas hot water system!! Outside features a detached garage, covered patio, and large yard. Convenient and close to everything yet set on a quiet street with a nice size yard.
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| Dec 16, 1991 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017