40 TREE TOP Lane
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 |
|---|---|---|---|
| Nov 3, 2022 | Sold | ||
| Sold | |||
| Sep 28, 2022 | In contract | - | |
| In contract | |||
| Sep 5, 2022 | Price Decreased |
$375,000
↓ $25K
(6.3%) | |
| Price Decreased | |||
| Aug 26, 2022 | Listed by Legacy Land & Homes LLC | $400,000 | |
| Listed by Legacy Land & Homes LLC | |||
| | |||
|
Beautiful Mid-Century Contemporary full of unique character. This home offers a 2nd floor balcony over looking the main living room dining area which offers a wall to ceiling stone fireplace, hardwood floors and plenty of windows for natural light! Updated lighting, new stainless steel appliances and a fijitsu ductless system make this home move in ready. Still has the character of a quieter time, set back in an established neighborhood with mature trees and no through traffic, perfect for summer bike rides. Come take a look at your future home.
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| Aug 12, 2022 | Listed by HOULIHAN LAWRENCE INC. LG | $375,000 | |
| Listed by HOULIHAN LAWRENCE INC. LG | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017