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40 Louise 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 |
|---|---|---|---|
| Nov 18, 2013 | Sold | ||
| Sold | |||
| Sep 14, 2013 | Listed by Conway - Weymouth | $549,900 | |
| Listed by Conway - Weymouth | |||
| Aug 10, 2011 | Sold | ||
| Sold | |||
| Jun 17, 2011 | Listed by ALANTE Real Estate | $499,900 | |
| Listed by ALANTE Real Estate | |||
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Family owned since built, this impeccably maintained ranch is ready for next family to call home for the next 40 years. Main level offers hardwood floors, 3 huge bay windows, twin built in cabinets in dining room, beautiful tiled foyer with a one of a kind center knob front door! Finished lower level has huge family room, workshop, wet bar and a half bath. Yard is professionally maintained, multi-leveled and ready for summer cookouts. Close to schools and highway, this location can't be beat!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017