40 Monadnock Drive
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Cap Rate Calculator
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 27, 2019 | Sold | ||
| Sold | |||
| Jun 10, 2019 | Listed by Seacoast Mobile Home Brokers | $49,900 | |
| Listed by Seacoast Mobile Home Brokers | |||
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Beautiful Home!! 55+ Community with Clubhouse and in ground pool!! This lovely home has so many quality features. The home offers a 3 season sunporch and Central A/C!!! The main living area is open concept with a large living room and a separate dining room area with built in cabinets. The kitchen has a nice design and plenty of cabinets and counter space. WOW!! The master bedroom has 2 closets and its own private bathroom. The layout to this home will make you smile.....a real FUN home to show! Location is close to shopping, malls and turnpike. Landscaped with style and the home backs up to a woods for privacy.
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| Oct 2, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $45,900 | |
| Listed | |||
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The manager has listed the unit size as 1471 square feet.
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| Jun 23, 2017 | Listed by BHG Masiello Rochester | $45,900 | |
| Listed by BHG Masiello Rochester | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017