40 Townsend Avenue
About This Property
This property not only offers a beautiful home but an experience of open, airy living with thoughtful details throughout. Recent renovations include flooring, trim,doors, lighting, electrical, kitchen, decking, split a/c unit & bathrooms. Just minutes from Newburgh -Beacon Bridge, Metro North Train & NYS thruway makes this an amazing commuter location. A true must see!
**Embrace the opportunity to own a piece of timeless elegance, perfectly melded with modern luxury. This home truly has everything to offer. Don't wait, schedule your visit today!** Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Detached,
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Mar 23, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Jan 4, 2025 | Relisted | $389,900 | |
| Relisted | |||
| Oct 11, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017