40 Will Drive #48
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%.
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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 |
|---|---|---|---|
| Aug 27, 2026 | Relisted | $329,900 | |
| Relisted | |||
| Aug 15, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by RE/MAX Real Estate Center | $329,900 | |
| Listed by RE/MAX Real Estate Center | |||
| |||
|
Outstanding value!!! This unit located in Canton Village was built in 1971, has 887-square-feet of living space and is available for immediate occupancy. The property offers two good sized bedrooms, oversized living room, balcony and one full bathroom. The main bedroom includes additional built in closet space. Situated on the second floor, this single-story condominium provides convenient access to shopping, Canton Center and a T commuter rail station. The complex further enhances the living experience with access to a refreshing pool. Additionally, the property includes basement with laundry area and some additional storage. Fantastic price for Canton!!!
| |||
| Jan 28, 1999 | Sold | ||
| Sold | |||
| Sep 28, 1998 | Listed by RE/MAX Landmark, REALTORS® | $96,900 | |
| Listed by RE/MAX Landmark, REALTORS® | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/25/2018
|
1 Bed
|
1 Bath
|
653 ft²
|
$169,900
1 Bed
1 Bath
653 ft²
|
$168,100
-1.06%
06/29/2018
|
Walter Parshley
The Parshley Team - Real Estate
| |
|
06/09/2017
|
2 Bed
|
1 Bath
|
885 ft²
|
$169,900
2 Bed
1 Bath
885 ft²
|
$185,000
+8.89%
07/07/2017
|
Zee Mah
Hoskins Realty, Inc.
| |
|
11/22/2013
|
2 Bed
|
1 Bath
|
887 ft²
|
$135,000
2 Bed
1 Bath
887 ft²
|
$133,000
-1.48%
01/31/2014
|
Barbara Slawsby
J. L. Pratt REALTORS®
| |
|
04/04/2009
|
2 Bed
|
1 Bath
|
885 ft²
|
$149,900
2 Bed
1 Bath
885 ft²
|
$150,000
+0.07%
07/29/2009
|
Kenneth Licciardi
Keller Williams Realty
| |
|
10/25/2008
|
2 Bed
|
1 Bath
|
887 ft²
|
$159,000
2 Bed
1 Bath
887 ft²
|
$152,000
-4.40%
03/27/2009
|
Cheryl Tobias
RE/MAX Landmark, REALTORS®
| |
|
09/28/1998
|
2 Bed
|
1 Bath
|
987 ft²
|
$96,900
2 Bed
1 Bath
987 ft²
|
$95,000
-1.96%
01/28/1999
|
Jean Li
RE/MAX Landmark, REALTORS®
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017