5598 40th Avenue
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 |
|---|---|---|---|
| Sep 10, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 25, 2025 | Listed by One Sotheby's Int'l Realty | $529,900 | |
| Listed by One Sotheby's Int'l Realty | |||
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Discover unparalleled luxury in this meticulously maintained VeroLago residence. Built solid with CBS construction and impact glass, it's a home you can truly relax in. The updated kitchen is a dream, with a spacious island and pantry perfect for cooking and gatherings. Crown molding adds a nice, elegant touch throughout. Enjoy a solar-heated saltwater pool for year-round comfort. Vero Largo provides a vibrant lifestyle with a clubhouse, sparkling pool, and tennis/pickleball courts. Perfectly positioned, you're moments from delightful dining, upscale shopping, and pristine beaches.
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| Mar 20, 2024 | Sold | ||
| Sold | |||
| Nov 11, 2023 | Listed by Billero & Billero Properties | $532,000 | |
| Listed by Billero & Billero Properties | |||
| Dec 27, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017