40 Main 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 |
|---|---|---|---|
| Sep 13, 2019 | Sold | ||
| Sold | |||
| Aug 10, 2018 | Listed by Park Square Realty | $275,000 | |
| Listed by Park Square Realty | |||
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Welcome to beautiful Montgomery! Own your own piece of history on 3.45 acres! Tons of room to add a garage, barn, pasture, etc. Giant kitchen to satisfy any chef or baker with 3 ovens and lots of storage. Built in shelving, a formal dining room, 3 stairwells, and 4 fireplaces are just a few of the unique features this home has to offer. Plenty of room and character for your family to enjoy! This is a see for your self kind of place! APO since 2014: New patio and metal fence, upstairs bath remodeled, new roof, new furnace, new hot water tank, 2 new sump pumps installed, French drain cleaned, sope foundation pointed, new in ground pool pump & liner, and again new septic system coming prior to close. Schedule your showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017