40 Pilgrim Rd
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 |
|---|---|---|---|
| Aug 25, 2016 | Sold | ||
| Sold | |||
| Jun 7, 2016 | Listed by RE/MAX Advantage Real Estate | $689,900 | |
| Listed by RE/MAX Advantage Real Estate | |||
| Oct 1, 2015 | Sold | ||
| Sold | |||
| Jun 8, 2015 | Listed by Paul Stevens REALTORS® | $449,900 | |
| Listed by Paul Stevens REALTORS® | |||
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REDUCED, REDUCED, REDUCED. TO BE SOLD IN "AS IS" CONDITION, this wonderful older brick Colonial is on a great street and neighborhood in need of upgrading and TLC. Property abuts walking/bike trail which can take you to the beach or all the way to mid Town Marblehead. Fenced backyard 30' X 37', large brick standalone 2 car e.e.garage with power and lighting, paved drive with plenty of parking. Full unfinished basement with walk out and interior access. Large 22' X 28' walk up attic for expansion or addition storage. New high quality Marvin windows in most rooms. High ceilings, hardwood floors, fire placed living room, and wainscoting.......good bones.......worth the effort and investment. New leaf guard roof gutters.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017