40 Mountain Street
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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Apr 21, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Coldwell Banker Realty - Sharon | $899,900 | |
| Listed by Coldwell Banker Realty - Sharon | |||
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NOT A DRIVE BY! Set on just under 3 acres, this landmark home was designed by architect Royal Barry Wills nearly a century ago. The original featured stunning hand-hewn beams and antique bricks in the living room, kitchen, 2 bedrooms, and 1 bath. The house was expanded twice in keeping with Wills’ original plans. Two upstairs large bedrooms with walk-in closets and a full bath were first added, then a laundry/mudroom, a brick-floored dining room with a bay window, a den/family room and an attached garage. The living room and primary bedroom feature wood-burning fireplaces. Many rooms are paneled with solid wood paneling and hardwood floors. Most windows have been replaced with top-of-the-line windows. The slate roof has been carefully maintained. The kitchen is filled with solid, real wood cabinetry and period details. Enjoy the mature trees and nicely landscaped lot from your screened in brick porch. Close to Sharon Middle School, Lake Massapoag, Moose Hill, & Borderland State Park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017