00 Elm
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 20, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2025 | In contract | - | |
| In contract | |||
| Feb 22, 2025 | Listed | $400,000 | |
| Listed | |||
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Attention Builders: Prime Development Opportunity Conceptual plan of 6 total lots offering a unique investment opportunity in a high-demand location. Whether you’re a builder, developer, or investor, this property presents endless possibilities for new construction in a prime location. The combination of easy access to major highways, essential amenities, and scalable potential makes this an excellent opportunity for those looking to create a thriving residential community. Also listed see MLS 5029145 with just 3 front lots.
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| Feb 11, 2025 | Listed by BHHS Verani Bedford | $199,900 | |
| Listed by BHHS Verani Bedford | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017