4040 Main Street
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 |
|---|---|---|---|
| Jul 31, 2017 | Sold | ||
| Sold | |||
| May 11, 2017 | Listed by Neilsen Realty LLC | $64,900 | |
| Listed by Neilsen Realty LLC | |||
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Listing price is $ 64900. Built in 1874 this single family home offers 3 bed, 1 bath, with approximately 1025 square feet of living space plus a partial basement. The property measures about 0.45 acres. The home needs updating and TLC. Transform this into your dream home. Make an offer! Please note, as of the listing date, the foreclosure deed associated with this property has not been recorded in the applicable public records. This may result in a later closing date. This property is bank owned. It is sold in “as-is” condition without repairs or warranty. Buyer is responsible for verifying all information contained in this listing. See attachment for online property sale.
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| Aug 21, 2003 | Sold | ||
| Sold | |||
| May 22, 2003 | Listed by Keller Williams Realty | $134,900 | |
| Listed by Keller Williams Realty | |||
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Address: 335 Madison Avenue, New York, NY 10017