40 Red Lily Pond 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 |
|---|---|---|---|
| Sep 25, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Listed by Griffin Realty Group | $599,000 | |
| Listed by Griffin Realty Group | |||
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Stroll to Craigville and Covell's Beaches from this sun-filled 3-bedroom ranch, ideally located in a quiet and sought-after Centerville neighborhood. Designed for easy single-level living, the home features an open layout with vaulted ceilings, a cozy fireplace, and abundant natural light throughout. The expansive primary suite includes vaulted ceilings and a spacious walk-in closet, while two additional bedrooms offer flexibility for guests or a home office. The updated kitchen is outfitted with cherry cabinets and granite countertops, and central air ensures comfort year-round. Enjoy morning walks to the beach, afternoons in the private backyard, and evenings entertaining in the inviting open-concept living area. Recent upgrades include a renovated bathroom, refinished hardwood floors, fresh interior and exterior paint, a new sprinkler system, and updated electrical. Whether you're seeking a full-time residence, vacation getaway, or investment property, come view today!
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| Apr 2, 2024 | Sold | ||
| Sold | |||
| Mar 3, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017