40 Pointe Rok #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%.
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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 |
|---|---|---|---|
| Jul 6, 2022 | Sold | ||
| Sold | |||
| May 20, 2022 | Listed by OPEN DOOR Real Estate | $289,900 | |
| Listed by OPEN DOOR Real Estate | |||
| Sep 8, 2020 | Sold | ||
| Sold | |||
| Apr 8, 2020 | Listed by OPEN DOOR Real Estate | $250,000 | |
| Listed by OPEN DOOR Real Estate | |||
| | |||
|
Amazing "envelope" project making these units like new again with updates of the roofs/siding etc! Beautiful sun-filled WATERFRONT unit at Pointe Rok! Walls of glass face the water and offer a spectacular view of the lake. Step out through your new slider onto your new composite deck deck and enjoy the sunrise or watch the boats with your cup of coffee. The two story fireplaced great room is a wonderful gathering room with 3 yr old carpeting. The kitchen has been updated with white cabinets/granite counters, reces and stove with double ovens. There are 3 bedrooms and 3 baths including a first floor master suite and a second floor bed/bath with 3 new skylights. AC condenser (7 years), hot water tank (3 years).This gated community offers a pool with jacuzzi, clubhouse with sauna/exercise room and tennis court.A great commuter location offering access to Mass Pike, train, Rt 20, 146 and Rt 9. Close to Umass Hospital, Lake Quinsigamond, the Ecotarium and more
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| Sep 25, 2000 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/20/2022
|
3 Bed
|
3 Bath
|
1739 ft²
|
$289,900
3 Bed
3 Bath
1739 ft²
|
$320,000
+10.38%
07/06/2022
|
Karen Manring
OPEN DOOR Real Estate
| |
|
04/08/2020
|
3 Bed
|
3 Bath
|
1739 ft²
|
$250,000
3 Bed
3 Bath
1739 ft²
|
$247,500
-1.00%
09/08/2020
|
Lee Joseph
Coldwell Banker Realty - Worcester
| |
|
07/20/2000
|
3 Bed
|
3 Bath
|
2044 ft²
|
$249,900
3 Bed
3 Bath
2044 ft²
|
$249,900
09/25/2000
|
Terry Hill
Hill & Hillard REALTORS®
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017