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40 Mill
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.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Listed by Morin Real Estate LLC | $449,000 | |
| Listed by Morin Real Estate LLC | |||
| Jul 8, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Greenwald Realty Group | $319,900 | |
| Listed by Greenwald Realty Group | |||
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Step back in time w/ this captivating 1795 antique cape, nestled along peaceful Rice Brook. Offering a rich history & endless potential, this property presents a unique opportunity for those with vision & creativity or those looking for income potential. The main house, with its 3 bedrms & 1 bath, exudes a quaint charm. Add'l rooms offer flexibility for customization- whether it's transforming them into a home office, playroom, or a relaxing den. The large eat-in kitchen is charming & has ample cabinet storage space. Attached to the main house, the in-law apartment is perfect for multi-generational living or the buyer looking to offset some housing costs with income. With 1 bedrm, 1 bath, and a spacious living/dining room, this self-contained unit also has separate heating & electrical service! Outside, you’ll find raised garden beds that await the nurturing touch of a passionate gardener. The fenced-in back yard is perfect for children, furry friends, or those seeking privacy. Recent updates include a replacement roof on the back of the house & front porch decking within the last 5 years, as well as the addition of a whole-house automatic generator. Surrounded by the tranquility of nature & the whispers of history, this home is a diamond in the rough, waiting for the right buyer to unlock its hidden potential. Showings begin at the Open House – Saturday 6/8 from 1-3pm. Seller prefers that buyers attend the open house if possible, instead of scheduling private showings.
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| May 10, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017