40 Park Avenue
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 29, 2010 | Sold | ||
| Sold | |||
| Apr 6, 2010 | Listed | $70,000 | |
| Listed | |||
| Jan 4, 2010 | Listed by Century 21 North East | $70,000 | |
| Listed by Century 21 North East | |||
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NEW PRICE, NOW IS THE TIME TO DOWNSIZE!! Double-wide home on a corner lot offers a large cathedral Living Room with adjoining Dining Room with built in cabinets. Spacious kitchen, cabinets galore, many closets (all appliances incl. washer & dryer are being sold with the property), Separate washer & dryer room with even more cabinets. Screened in porch, 2 sheds for storage. Heat/Hot Water w/ Kerosene. Easy access to Major Highways, shopping & entertainment. This is a well-established park!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017