40 Prospect Drive
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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.
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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 |
|---|---|---|---|
| Oct 16, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $675,000 | |
| Listed | |||
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Gorgeous completely renovated Park Hill Beauty. With nearly 3000 square feet of comfortable and luxurious living space this 5 Bedroom 3 Bath home will accommodate the entire family and leave more than enough room for your guest. The first floor opens to an inviting and huge entry foyer, giving way to a relaxing sitting room, family room with fireplace, and beautiful formal dinning area. The home boast lovely hardwood floors throughout, high ceilings, crown molding. central air, updated windows, recessed lighting, scenic views, Finished basement, and much more.. A beautiful state of the art gourmet kitchen with granite countertops and stainless steele appliances add the finishing touches to just the first level. The second floor has a very comfortable layout, giving way to four generous sized bedrooms, a nice deck and an updated hall bath. The third level has a must see Master Bdrm w/ ensuite bath and plenty of natural light. Very Low Taxes also a huge plus!The manager has listed the unit size as 2956 square feet.
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| Apr 24, 2017 | Listed by Jane Mosello Real Estate | $675,000 | |
| Listed by Jane Mosello Real Estate | |||
| Aug 9, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017