40 Pea Island Circle
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 29, 2021 | Sold | ||
| Sold | |||
| May 15, 2021 | Listed by Relevate Real Estate Inc. | $375,000 | |
| Listed by Relevate Real Estate Inc. | |||
| May 15, 2015 | Sold | ||
| Sold | |||
| Apr 16, 2015 | Listed by VFG Realty | $249,900 | |
| Listed by VFG Realty | |||
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Lovely home located in peaceful neighborhood. This 3 story traditional features master suite on first floor, family room with gas log in fireplace, huge kitchen with many upgrades,storage areas, and breakfast room, separate formal dining room, 3 bedrooms upstairs plus a huge bonus room. No city taxes, but so close in one can enjoy the conveniences of city living. All offers on this listing must be made using HomePath Online Offer system. No survey or inspections in file. HOA subj. to change, verify prior
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017