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40 Lyman Rd
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Oct 6, 2025 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Price Decreased |
$835,000
↓ $14K
(1.7%) | |
| Price Decreased | |||
| Aug 19, 2025 | Price Decreased |
$849,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Jul 21, 2025 | Listed by Compass | $899,000 | |
| Listed by Compass | |||
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Discover the beauty of this recently renovated 3-bedroom, 2 -bathroom picturesque home nestled in the desirable Cunningham Park neighborhood of Milton. With open concept living space, this cozy abode boasts a smartly renovated kitchen equipped with sleek granite countertops and a cheerful breakfast nook—perfect for casual dining. Step outside to your own backyard oasis, ideal for relaxation and entertainment. The lower level features a finished family room with ample storage and washer/dryer. This community boasts a multitude of amenities including the Cunningham Park pool and green space, close access to Milton Marketplace, restaurants, shops, schools and convenient highway access. Don’t miss out on this adorable home in a GREAT location!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017