40 Railroad 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 6, 2012 | Sold | ||
| Sold | |||
| May 16, 2012 | Listed by Rowley Realty | $299,900 | |
| Listed by Rowley Realty | |||
| Oct 4, 2010 | Listed by Rowley Realty | $359,900 | |
| Listed by Rowley Realty | |||
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Country farm house nestled on a private road. Walking distance to Commuter Rail, elementary school and marinia. Title V approved. Newly renovated kitchen with island and desk area. Great private backyard with new deck off of second floor and patio with granite steps off of the first floor. Great yard with plenty of parking. Nothing to do but move right in.
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| Aug 29, 2001 | Sold | ||
| Sold | |||
| Jun 18, 2001 | Listed | $289,900 | |
| Listed | |||
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COUNTRY FARM HOUSE SET BACK OFF OF ROAD. VERY PRIVATE BACK YARD.9/10 ACRE.SEASONAL WATER VIEWS FROM 2ND FLOOR DECK. CLOSE TO TRAIN AND MARINA. TITLE V APPROVED.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017