40 Rochester Drive
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 |
|---|---|---|---|
| Dec 16, 2022 | Sold | ||
| Sold | |||
| Sep 6, 2022 | Listed by Keller Williams Realty Ocean Living | $999,900 | |
| Listed by Keller Williams Realty Ocean Living | |||
| Oct 30, 2015 | Sold | ||
| Sold | |||
| May 5, 2015 | Listed by Weichert Realtors-Brick | $499,900 | |
| Listed by Weichert Realtors-Brick | |||
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Wow! Huge Price Reduction. It doesn't get any better than this. Enjoy water front living on this spectacular contemporary style, 3 Story home. Bring your boat & dock it right in your back yard. Bay Views are right off the front balconies. Open floor plan, vaulted ceilings, skylights & More. Sliders to large back deck where your boat awaits you! Large family room w/fireplace. 1st floor guest Bedroom & full bath. 2nd floor has a Master Bedroom suite w/walk in closet, your very own spa like bathroom & private balcony overlooking the Lagoon. 3 balconies in this home all w/breathtaking views. Too Much to list. Must See this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017