40 Sanborn 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 |
|---|---|---|---|
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | In contract | - | |
| In contract | |||
| Aug 1, 2023 | Listed by Keller Williams Gateway Realty | $499,900 | |
| Listed by Keller Williams Gateway Realty | |||
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Beautifully updated and well maintained 4 bedroom, 3 Bathroom Ranch home close to Exit 6 off of Route 3. A classic brick walkway leads to the front door into the main living area with a large bay window, wood burning fireplace, and hardwood floors that carry throughout the first floor. The eat-in kitchen has been updated and features ample cabinet storage, in counter range with exhaust hood, lovely granite counters, and peninsula with seating. Just off of the kitchen is a luxurious in-law suite with it’s own sitting area, ¾ bathroom, it’s own front door entry as well as access to the large deck overlooking the fenced and level backyard. Also on the main floor are 3 additional bedrooms with hardwood floors, and an updated bathroom with tiled shower. There’s even more living space with a large finished lower level room and half bathroom. The lower level also features a laundry and utility room and another storage room.
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| Nov 21, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017