1140 N Elma Avenue
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 8, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | Listed by Homesmart Connect LLC | $449,900 | |
| Listed by Homesmart Connect LLC | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 20, 2020 | In contract | - | |
| In contract | |||
| Jun 12, 2020 | Listed | $284,900 | |
| Listed | |||
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Welcome to 1140 N Elma - a captivating two-story home situated on a meticulously landscaped lot, located within minutes of I-90! Boasting over 3000 sq ft of living space, this home is packed full of features. Two-story ceilings over the dining and living rooms greet you as you first walk into the home, providing a luxurious feel to you and your guests. Upon entry, you'll find an all stainless kitchen with plenty of counter-top space, room for an eating area, and even a center island. Connected to the kitchen is the generously sized family room equipped with its own fireplace - perfect for winter nights or binging Netflix! For those working from home, utilize the office on the main level that can also transition to first floor laundry with the existing hook ups. Moving upstairs you'll find two good sized bedrooms, a full bathroom, and of course, the jaw-dropping master suite with double sinks, a soaking tub, and a huge walk-in closet. Separating itself from the main living quarters is the full, finished basement. The huge recreation room is coupled with a bar, so whether you're entertaining guests on game day, providing an awesome teen retreat, or even bringing the movie theater to your home, this basement has it covered! With warmer weather in full swing, take advantage of the huge concrete patio, the retractable sun awning, and the fenced-in yard. There's no time to wait, come take a look! The manager has listed the unit size as 3800 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017