29
Map
40 Will Dr #48
About This Property
Listed By
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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 |
|---|---|---|---|
| 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 | |||
| Jan 28, 1999 | Sold | ||
| Sold | |||
| Sep 28, 1998 | Listed by RE/MAX Landmark, REALTORS® | $96,900 | |
| Listed by RE/MAX Landmark, REALTORS® | |||
| | |||
|
WELL MAINTAINED TOP FLOOR END UNIT, GAS HEAT, FRESHLY PAINTED,NEAT AS A PIN! DON'T WAIT!!!ONE OF THE LARGEST UNIT!
| |||
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