114 Elgin
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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 28, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $559,000 | |
| Listed | |||
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Waterviews at Handy Point.Unique multilevel contemporary on elevated site just steps to private association tennis, dock and beach on Red Brook Harbor. Great room with soaring cathedral ceilings, oak floors, Vermont cut stone fireplace with bluestone raised hearth & French doors to waterview balcony & deck. Spacious center island country kitchen with granite counters & deck leading to private rear yard. Master suite with private whirlpool bath on its own level. In excellent condition with brand new kitchen flooring & bedroom carpets,this turn-key home is ready for summer occupancy.The manager has listed the unit size as 1434 square feet.
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| Apr 21, 2017 | Listed by Real Estate Associates, Inc. | $559,000 | |
| Listed by Real Estate Associates, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017