40 Sawyer St
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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Berkshire Hathaway HomeServices Verani Realty Salem | $460,000 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty Salem | |||
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Beautifully cared for and move-in ready. A thoughtfully designed layout offers seamless flow from room to room, enhanced by an abundance of natural light throughout. The main level features an open floor plan with a formal dining area and a generously sized living room—ideal for entertaining or relaxing with loved ones. The kitchen completes the first floor with stainless steel appliances, a center island, an oversized pantry, a convenient half bath, and a sliding glass door that leads to the back deck. Upstairs, you’ll find three comfortable bedrooms, including a primary bedroom with a walk-in closet, along with a full bathroom. The partially finished basement provides an excellent opportunity to create additional living space tailored to your needs. Situated on a private, fully fenced lot, this home offers the perfect balance of peaceful living and an entertainer’s backyard. This one won’t last—schedule your private showing today!
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| Aug 31, 2022 | Sold | ||
| Sold | |||
| Jul 5, 2022 | Listed by Lamacchia Realty, Inc. | $380,000 | |
| Listed by Lamacchia Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017