40 Old Auburn Road
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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Jill & Co. Realty Group - Real Broker NH, LLC | $559,000 | |
| Listed by Jill & Co. Realty Group - Real Broker NH, LLC | |||
| Jun 1, 2022 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by Jill & Co Realty Group | $490,000 | |
| Listed by Jill & Co Realty Group | |||
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Cute 3 bedroom, 2 bath Split Entry in desirable East Derry, Perfectly set on 2.2 acres of land. Pride of Ownership inside and out is evident from the moment you pull in the driveway, trust me. 6,000 square feet of Kentucky Blue grass sod, New Roof & Gutters in 2019, 4 year old Furnace & Water Heater. Inside, 1st level has proved to be perfect for entertaining. Alongside the living room is an impressive kitchen/dining area boasting new granite counters, white-tiled floors, sleek white cabinetry, stainless steel appliances. Renovated Full Bath, 2 bedrooms- all boasting with natural light and hardwood flooring. Need more space!? Make your way to the finished walkout lower level where you'll find additional family room/playroom, Primary Bedroom with Full Bath, laundry area, and french doors that give you direct access to the back porch! Outside, Set up your grill on the back patio and enjoy the perks of a private lot ! PLUS: Plenty of Storage, Detached 2 stall garage with walk-up area ready for be used as storage, or finish it. Pinkerton Academy District, just minutes from I-93!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017