40 North 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 |
|---|---|---|---|
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Jul 20, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Relisted | $625,000 | |
| Relisted | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 6, 2025 | Listed by William Raveis R.E. & Home Services | $625,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Ideally located only 6 miles to Northampton, this 1705 colonial home with modern updates and expansive grounds is in move in condition. This remarkable home has been thoughtfully updated and expanded over the years. Notable additions from the 1800s, alongside more recent enhancements, have seamlessly blended historical charm with contemporary comfort. A newly renovated kitchen and reimagined living spaces create a sun-drenched atmosphere throughout the home, making it a truly inviting living space. Additionally, the property was converted from a two-family residence to a single-family home, while preserving the option for multi-generational living with an attached in-law suite, complete with its own private entrance. Inside, you'll find generously sized bedrooms, expansive living areas, and a sizable walk-up attic offering ample storage space and housing for the central air system. The 1.27-acre property features a large, level yard, and Goshen stone patio ideal for entertaining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017