40 Preston
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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Nov 17, 2024 | Listed by Coldwell Banker Realty - Western MA | $319,900 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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Here it is! The needle in the haystack! This charming NEW construction 2-bedroom, 2-bath ranch offers modern living with a functional, open-concept design. Perfectly suited for urban life, the home features a spacious living area with abundant natural light, seamlessly connecting to the dining and kitchen spaces—ideal for both relaxation and entertaining. The well-appointed kitchen includes sleek finishes and contemporary appliances, while the adjacent laundry area provides added convenience on the main floor. The primary suite includes a private bath and ample closet space, and a second bedroom offers flexibility for guests or a home office. High ceilings in the basement offer endless possibilities for additional finished living space. With low-maintenance exteriors and thoughtful design, this home combines comfort and style in a convenient location, offering easy access to shops, dining, and transportation. A perfect blend of convenience and contemporary living!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017