40 Millpond #40
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 |
|---|---|---|---|
| Mar 6, 2020 | Sold | ||
| Sold | |||
| Jan 9, 2020 | Listed by Stone Ridge Properties, Inc. | $385,000 | |
| Listed by Stone Ridge Properties, Inc. | |||
| Sep 25, 2003 | Sold | ||
| Sold | |||
| Jul 9, 2003 | Listed by Re/max Top Achievers, Inc. | $379,900 | |
| Listed by Re/max Top Achievers, Inc. | |||
| | |||
|
PREMIER LOCATION FOR THIS EXCEPTIONAL WATERFRONT TOUWNHOME COMPLETELY REFURBISHED FROM THE BRASS DOOR KNOBS TO THE STATE OF THE ART KITCHEN. NOTHING WAS LEFT UNDONE. CALL FOR THE FEATURE SHEET. THIS IS A P.U.D. (PLANNED RES DEVELOPMNT)
| |||
| Apr 30, 1999 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/09/2020
|
2 Bed
|
2 Bath
|
1484 ft²
|
$385,000
2 Bed
2 Bath
1484 ft²
|
$379,400
-1.45%
03/06/2020
|
Amy Lance
Stone Ridge Properties, Inc.
| |
|
07/09/2003
|
2 Bed
|
2 Bath
|
1484 ft²
|
$379,900
2 Bed
2 Bath
1484 ft²
|
$374,900
-1.32%
09/25/2003
|
Michael Piscatelli
Cameron Real Estate Group
| |
|
02/01/1999
|
2 Bed
|
3 Bath
|
1484 ft²
|
$204,900
2 Bed
3 Bath
1484 ft²
|
$204,900
04/30/1999
|
Valerie Roberts
Dewolfe-Andover
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017