11229 Elbeck Drive
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 |
|---|---|---|---|
| Mar 25, 2025 | Price Decreased |
$349,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Mar 14, 2025 | Price Decreased |
$359,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Mar 7, 2025 | Price Decreased |
$369,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
| Feb 21, 2025 | Listed | $375,000 | |
| Listed | |||
| | |||
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Stylish Updates Abound throughout this Charming Traditional Style Home located within Close Proximity to the Texas Medical Center along w/ Easy Access to Downtown, Greenway Plaza, & the Galleria Area. Smartly Appointed w/ Oak Hardwood & Travertine Floors, Low E Windows, & Contemporary Style Light Fixtures. Living Area w/ Picture Sized Windows allows Soft Natural Light to Enter. Kitchen touts Granite Counters, Natural Stone Backsplash, & SS Appliance Package w/4 Burner Gas Range, Bltin Microwave, & Side-by-Side Refrigerator. Dining Area views the Expansive Outdoor Living Area which touts Patterned Concrete, Raised Vaulted Ceiling w/Exposed Wood Beams,& Dual Ceiling Fans. Primary Suite features Wardrobe Closet w/Multiple Hanging Rods, Marble Style Topped Vanity, & Large Walk-in Shower w/Travertine Surround. Hall Bath offers Full Tub/Shower w/Travertine Surround. Washer/Dryer Remain. EV Auto Charger Hookup. HVAC Replaced 2016*, Main Sewer Line 2023*, & Water Heater 2020*. *Per Prior Sellr
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| Apr 24, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017