40 Turnpike 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 |
|---|---|---|---|
| May 24, 2018 | Sold | ||
| Sold | |||
| May 10, 2011 | Sold | ||
| Sold | |||
| Mar 9, 2010 | Listed by Right Trac Realty | $155,000 | |
| Listed by Right Trac Realty | |||
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Cape with 2.6 acres featuring 2 BDR and full bath on second floor. Kitchen, Living, 2 bedrooms and full bath on first floor. Vinyl sided exterior with recent vinyl replacement windows. The stable/shed is perfect for equestrian or storage for all of your lawn toys. Convenient to major roadways, but a big backyard to get the true country feeling. Needs some TLC inside, new carpets, paint, kitchen flooring and roof may need some attention. TITLE V to be completed by buyer at there expense
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| Oct 21, 2002 | Sold | ||
| Sold | |||
| Aug 5, 2002 | Listed by Harbor Realty | $189,900 | |
| Listed by Harbor Realty | |||
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UNFINISHED CAPE W/LOTS OF POTENTIAL.W/ELECTRIC & ROUGH HEAT FOR FUTURE EXPANSION. HARDWOOD FLOORS AND NATURAL WOODWORK THROUGHOUT. REPLACEMENT WINDOWS 4 YRS. AGO. NEW PUMP AND HOLDING TANK.
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Address: 335 Madison Avenue, New York, NY 10017