940 Cannery Row
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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | Listed | $749,000 | |
| Listed | |||
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940 Cannery Row is a charming single-story residence boasts 3 bedrooms with bonus room that could be converted to an additional bedroom, 2 bathrooms. All within a spacious 1,895 sqft layout, on a generous 6,232 sqft lot. Step inside this 2014 built home that was constructed with modern needs in mind with recessed lighting throughout, complemented by a spacious open kitchen, granite counter tops, stainless steel appliances, walk-in pantry, and a large island with plenty of seating! Tile flooring throughout with carpeted bedrooms. Air Conditioning, finished double garage and whole house fire sprinkler system. The backyard is fenced for privacy and ready for your personal touch. Located nearby to Summer Park for outdoor activities. Located in a prime spot for an easy commute to Hwy 156 and Hwy 25 and close to shopping amenities, this home offers the perfect blend of comfort and convenience. Only a few minutes to downtown restaurants and the Hollister Hills SVRA.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017