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40 Stone Road
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 |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Listed | $1,995,000 | |
| Listed | |||
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Renovated storybook cape w/ nearly 1/4 acre of gorgeous gardens on exclusive Stone Rd, just steps to Belmont Center shopping, restaurants, commuter rail, library, schools, parks, playing fields and more! Spacious updated kitchen features a locally-sourced honed granite island, charming original pantry, comfy reading nook, and expansive views of and direct access to the generous backyard, deck and bluestone patio. The kitchen flows to a bright family room w A/C, a formal dining room, and a cozy living room w fireplace for winter evenings. Tucked behind the living room is a 1st floor primary bedroom (also works as ADU, guest suite, office) w/ a renovated 3/4 bath, beverage fridge & sink, and private deck & patio. Upstairs are 4 bedrooms, including a 2nd spacious primary w roof deck & walk-in closet, a carrara marble family bath, and another office. 2022 high efficiency heating & hot water, blown-in insulation, beautiful light, plenty of closet space, and many special details throughout!
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| Jan 23, 2018 | Sold | ||
| Sold | |||
| May 3, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017