113 Elmwood Trail
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 |
|---|---|---|---|
| Jul 19, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | Listed by Ebby Halliday, REALTORS | $295,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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So many options for this charmer! Large great room boasts a fantastic fireplace! Master suite with separate bath and shower, dual vanities and new carpet. Secondary bedrooms offer great closet space. The large backyard offers an over-sized deck for plenty of space for entertaining and a mature garden full of veggies! Enjoy easy access to I-20 or Hwy 80, close to charming downtown Forney shops and restaurants.
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| Jul 26, 2019 | Sold | ||
| Sold | |||
| May 2, 2019 | Listed by Nicholson Premier Realty | $221,500 | |
| Listed by Nicholson Premier Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017