40 Punkhorn Point 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 |
|---|---|---|---|
| Jan 14, 2022 | Sold | ||
| Sold | |||
| Dec 7, 2021 | Listed by Keller Williams Realty | $975,900 | |
| Listed by Keller Williams Realty | |||
| Jun 1, 2020 | Sold | ||
| Sold | |||
| Apr 20, 2020 | Listed by Priscilla Stolba RE | $795,000 | |
| Listed by Priscilla Stolba RE | |||
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Views of Popponesset Bay and serene, wooded privacy are yours at this contemporary home set on 2.4 acres. Custom built in 1985, the home offers open living on the first level including a family room with sliders leading to an expansive back deck, kitchen, and comfortable dining area for enjoyable evenings with friends and family. There is also a fireplaced living room, and a library which is currently used as a first floor master bedroom suite. Upstairs you will enjoy three bedrooms including a large master bedroom with a fireplace. Use the home as it is or personalize with immediate remodeling. In either case, with its privacy and access to an association dock, great shopping, restaurants, and South Cape Beach close by; you will enjoy this home for years to come.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017