40 Pheasant Way #40
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 |
|---|---|---|---|
| Nov 28, 2023 | Sold | ||
| Sold | |||
| Nov 5, 2023 | In contract | - | |
| In contract | |||
| Nov 1, 2023 | Listed by Keller Williams Realty | $230,000 | |
| Listed by Keller Williams Realty | |||
| Feb 27, 2017 | Sold | ||
| Sold | |||
| Sep 29, 2016 | Listed by ROVI Homes | $99,900 | |
| Listed by ROVI Homes | |||
| | |||
|
Garden style Condominium with Garage! This large 5 Room 2 Bedroom unit features a large living room, spacious open dining room, galley Kitchen with all appliances included. Brand new heating system, hot water tank, freshly painted and new carpet throughout. Come check it out. Buyer to verify all info and use.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/01/2023
|
2 Bed
|
1 Bath
|
1086 ft²
|
$230,000
2 Bed
1 Bath
1086 ft²
|
$240,000
+4.35%
11/28/2023
|
Juan Cruzado
Keller Williams Realty
| |
|
09/29/2016
|
2 Bed
|
1 Bath
|
1083 ft²
|
$99,900
2 Bed
1 Bath
1083 ft²
|
$95,000
-4.90%
02/27/2017
|
Ashley Shook
Rovithis Realty, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017