40 Richardson 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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 7, 2024 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Listed by ERA Key Realty Services- Spenc | $420,000 | |
| Listed by ERA Key Realty Services- Spenc | |||
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Bright & sunny Lindal Cedar post & beam beauty poised on over 6 acres! The original owners of over 47 years have loved this home & it shows! Immaculate & very well maintained inside and out! You will enjoy the warm and comfortable inside feel that will make you instantly feel at home! Double decks...one on the first level and one on the second level...a great place to enjoy the sun & read a good book! My favorite spot is the 3 season room overlooking the peaceful surroundings and wildlife! A perfect spot to unwind! Great walking trails nearby(DCR property w/100's of acres) and about 3 minutes to West Brookfield town common...the home of great restaurants,shops & concerts on the common during the summer months. Lot included has been recently perced and meets the town zoning requirement for a buildable lot! The outdoor space is on a corner lot and is beautiful and filled with amazing gardens of flowers and raised beds for vegetable planting. Ideal setting for those inspired by nature!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017