40 Monroe 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 |
|---|---|---|---|
| Apr 23, 2014 | Sold | ||
| Sold | |||
| Feb 28, 2014 | Listed by Century 21 North East | $217,000 | |
| Listed by Century 21 North East | |||
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Opportunity knocks! Charming antique with updated cathedral ceiling gourmet kitchen, up to date bath. This special home boasts wide pine floors, high ceilings, skylights, in lovely condition Surrounded by conservation land and adjacent to the golf course with a huge private deck overlooking terraced gardens to the rear.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017