40 Lower Westfield Rd
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 8, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by NextHome Elite Realty | $325,000 | |
| Listed by NextHome Elite Realty | |||
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New England charm found in this beautifully updated 3 bedroom, 1.5 bath colonial on 2 acres of landscaped grounds, minutes from 91 and Ingleside Mall! The main level features a well-spaced kitchen, adjacent newly painted dining room with built-in cabinets, and newly renovated half bath off of the kitchen. Continue on to the spacious, cozy living room with a pellet stove to warm those chilly New England nights, and step out of the french doors to the enclosed front porch. Upstairs, you will find 3 remodeled bedrooms with a unique architectural tin ceiling and access to a private enclosed porch, and a remodeled full bathroom. Additional updates include freshly painted rooms with brand new windows, new interior/exterior doors, new hardwood floors throughout first floor and laminate flooring on second floor, new appliances including washer, dryer, stove and hot water tank. The beautiful 2-acre lot also boasts 2 storage sheds, apple/pear trees and blueberry bushes.
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| Jul 31, 2017 | Sold | ||
| Sold | |||
| May 15, 2017 | Listed by NextHome Elite Realty | $149,900 | |
| Listed by NextHome Elite Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017