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 |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | Listed by Berkshire Hathaway HomeServices Evolution Properties | $689,000 | |
| Listed by Berkshire Hathaway HomeServices Evolution Properties | |||
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Welcome to your slice of history nestled on over 2.5 acres w/2500 + sq. ft., 6 room outbuilding plus detached garage w/additional storage. This charming antique colonial boasts 3 bedrooms, 2.5 baths. Step inside to discover original hardwood floors, exposed beams, and elegant craftsmanship throughout. First floor encompasses large kitchen, home office, dining room w/fireplace, front to back living room, fieldstone hearth and built in shelving, half bath and laundry. Upstairs, the main suite offers a serene retreat with freshly painted walls, brand new carpet and walk in closet. Large 3rd floor bedroom w/lots of storage. Lower level w/spacious family room, full bath and new carpet. Wonderful location close to Norfolk center, Commuter rail, Recreation fields and Stony Brook wild life sanctuary. Experience timeless living in this quintessential New England gem! SHOWINGS START IMMEDIATELY.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017