540 Great 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 |
|---|---|---|---|
| Aug 12, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Listed | $574,900 | |
| Listed | |||
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Welcome to this charming contemporary Farmhouse style Ranch! This beautifully updated 2-bedroom, 1-bath located in close proximity to the desirable “The Point”, filled with restaurants, shops, movie theater and much more! This home features fresh interior and exterior paint, a stunning updated kitchen with granite counter's, new S/S appliances, and custom blinds. Dining room with built in hutch and spacious living room complete with shiplap and electric fireplace. The full bath has been tastefully renovated and includes a classic clawfoot tub for added charm. Full basement offers additional storage or potential finishing opportunities! Refinished hardwood floors throughout, new windows, and central A/C for year-round comfort. Step outside to your brand-new deck overlooking a spacious, fenced-in backyard on a generous cleared and level one-acre lot perfect for entertaining or relaxing in privacy. Conveniently located to Rt 495 & Rt 2 for instant highway access! Must see to appreciate.
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| Aug 11, 2023 | Sold | ||
| Sold | |||
| Jul 19, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017