40 Mendon St
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 22, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 27, 2024 | Listed by Real Broker MA, LLC | $569,900 | |
| Listed by Real Broker MA, LLC | |||
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Welcome to 40 Mendon St! This adorable cape style home has been well maintained, loved and cared for by the sellers for 40 years! Upon entering the home, you can’t help but notice gleaming hardwood floors and an inviting living room. The adjacent open concept kitchen features stainless steel appliances, plenty of cabinet storage and a cozy dining area with a wood stove to keep you warm on those chilly winter days. Additionally, the first floor also features a ½ bath with washer and dryer along with an extra room that could be used as an office or additional bedroom. A large primary bedroom, with two additional bedrooms and full updated bath, complete the second-floor space. Bring your vision to complete the partially finished basement along with an unfinished area perfect for plenty of storage. The backyard is an entertainer’s dream, featuring an expansive backyard that includes an inground pool, deck, beautiful flowers, and a flowing pond. A truly wonderful place to call home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017