40610 Ithaca 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 |
|---|---|---|---|
| Aug 12, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | Listed by eXp Realty LLC | $883,000 | |
| Listed by eXp Realty LLC | |||
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This is a stunning 4000 sf one-story and a car owner's dream with everything you could want. 51/2 car garage with custom epoxy floors, four bedrooms, 31/2 baths, extensive exercise and game rooms, fabulous beach entry pool/spa with chiller, waterfall, fire pit, whole house, Generic generator, mosquito misting system, four different covered patio areas with two separate outdoor grills. Just look at the photos that tell the story. The interior shows off the four bedrooms, the wine Grotto, the family room, the formal dining room, the study, and the glamorous entryway, with high ceilings throughout the interior and decorator touches, including beautiful wood beams in the family room and the formal dining room. This home is an entertainer's and car lover's dream home. There is massive landscaping front and rear with a 100-head sprinkler system for the entire property's irrigation. Call me or your Realtor for a private tour of this beautiful property.
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| Oct 30, 2023 | Sold | ||
| Sold | |||
| Oct 3, 2023 | Listed by eXp Realty, LLC | $875,000 | |
| Listed by eXp Realty, LLC | |||
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This incredible custom built home is LOADED with upgrades at every turn. Complete with a whole house generator, water softening system, water purification system in the kitchen, a mosquito misting system, interior and exterior security cameras, remote controlled gate in the driveway, a media room, fitness room, WINE GROTTO and an ADDITIONAL 3 car garage with a WORKSHOP, custom epoxy floors, built in shelving and cabinets and it's own half bath for a total of 5 oversized garage spaces on over 2/3 acre with it's own private POOL WITH CHILLER, spa, fire pit, outdoor sound system, outdoor kitchen with a grill, 2 burner cooktop and a smoker, you won't find anything else like it! The interior is replete with upgrades at every turn, including gorgeous wooden beams in the dining and living rooms and a spacious kitchen for the chef. This home is for the car lover and entertainer! Schedule a tour today to see all this one-of-a kind property has to offer!
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017