14
Map
40 Middle Street #3A
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%.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2026
|
3 Bed
|
1 Bath
|
930 ft²
|
$479,000
3 Bed
1 Bath
930 ft²
|
$485,000
+1.25%
06/03/2026
|
Waypoint Realty Group
Coldwell Banker Realty - Boston
| |
|
09/25/2025
|
2 Bed
|
1 Bath
|
835 ft²
|
$465,000
2 Bed
1 Bath
835 ft²
|
$450,000
-3.23%
11/24/2025
|
Jane Meterparel & Brian Marvelley
Churchill Properties
| |
|
01/16/2025
|
3 Bed
|
1 Bath
|
930 ft²
|
$499,000
3 Bed
1 Bath
930 ft²
|
$475,000
-4.81%
03/27/2025
|
Shoshanah Collins
Boston Metropolitan Realty
| |
|
09/27/2024
|
3 Bed
|
1 Bath
|
820 ft²
|
$499,999
3 Bed
1 Bath
820 ft²
|
$475,000
-5.00%
11/22/2024
|
Caroline Bramhall
Churchill Properties
| |
|
08/28/2024
|
1 Bed
|
1 Bath
|
517 ft²
|
$325,000
1 Bed
1 Bath
517 ft²
|
$305,000
-6.15%
11/15/2024
|
Shoshanah Collins
Boston Metropolitan Realty
| |
|
08/27/2024
|
2 Bed
|
1 Bath
|
835 ft²
|
$429,000
2 Bed
1 Bath
835 ft²
|
$435,000
+1.40%
10/15/2024
|
Shoshanah Collins
Boston Metropolitan Realty
| |
|
11/03/2023
| |
10 Bed
|
6 Bath
|
6731 ft²
|
$1,599,900
10 Bed
6 Bath
6731 ft²
|
$1,465,000
-8.43%
02/02/2024
|
Salvatore DiMercurio
Keller Williams Realty Evolution
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017