940 Continental Drive
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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 |
|---|---|---|---|
| Jun 10, 2025 | Listed by Represent Realty | $4,050,000 | |
| Listed by Represent Realty | |||
| Feb 25, 2016 | Sold | ||
| Sold | |||
| Jan 29, 2016 | Listed by Coldwell Banker Realty | $2,950,000 | |
| Listed by Coldwell Banker Realty | |||
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Ideally located, this home is perfectly situated on a corner lot in desirable Sharon Heights. The entry foyer leads to a sunken formal living room featuring large windows with plantation shutters and a gas fireplace with granite surround. A formal dining room leads to a separate walnut paneled family room, both with sliding glass door access to the back yard and patio. The bright and inviting remodeled kitchen features a breakfast nook, granite counters, newly refinished hardwood floors, and stainless steel appliances. Three bedrooms share a full bath with dual sink vanity and shower over tub, while the spacious master suite boasts built-in closets and entertainment center, walk-in closet, sliding glass door to the back yard, and an en-suite bath with dual-sink vanity, stall shower, and spa tub. The private back yard is perfect for entertaining with a patio, in-ground pool with diving board, built-in gas fire pit, fruit trees, and garden. Award winning Las Lomitas schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017