114 ELM SPRING LANE
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 |
|---|---|---|---|
| Nov 27, 2013 | Sold | ||
| Sold | |||
| Oct 19, 2013 | Listed by Home Team of America | $625,000 | |
| Listed by Home Team of America | |||
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Grand Shavano Park home on beautiful corner lot. Italian marble floors living room. Master Suite is magnificent with wood floor, fabulous bath and closet. Huge quest/mother in-law suite with wood floors, sep. kitchen, LR, office, bedroom and bath, granite countertops. Beautiful interior columns, rotunda-lik area. Stainless appliances in both kitchens. Two huge bedrooms upstairs each ensuite. Manicured acre yard, circular drive, beautiful balcony, porch, patio areas. Very large pool. Must see.
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| May 20, 2008 | Sold | ||
| Sold | |||
| Feb 25, 2008 | Listed by Keller Williams Legacy | $475,300 | |
| Listed by Keller Williams Legacy | |||
| Jun 16, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017