40 Powell Ave
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 27, 2020 | Sold | ||
| Sold | |||
| Mar 26, 2020 | Listed by RE/MAX IGNITE | $189,987 | |
| Listed by RE/MAX IGNITE | |||
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Not a typo! This 4 bedroom and 3 bath home - with over 1900 square feet - on a beautiful side street in desirable East Forest Park - is under $200,000!?! Sure it needs a little love ... but you could certainly move in and take your time doing updates a little at a time. The gorgeous woodwork and hardwood floors are the shining stars in this home. If you just change out the paint and put your pinterest ideas in place, it could be absolutely stunning! And for real...3 baths! No more fighting over the bathroom. And with 4 bedrooms, maybe everyone can have their own bedroom! You will love the master bedroom suite with heated sleeping porch and private en suite bath. The oil boiler could be changed over to gas as there is a gas line for the kitchen stove and hot water heater. The fenced back yard is amazing, ready to host summer barbecues. Plenty of room for a pool! Imagine sipping a cool drink on a warm summer evening on your front porch. You simply won't find this value anywhere else
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| Feb 26, 2020 | Sold | ||
| Sold | |||
| Nov 12, 2019 | Sold | ||
| Sold | |||
| Jul 10, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017