115 ELM SPRING LANE
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Jan 29, 2024 | Listed by Kuper Sotheby's Int'l Realty | $795,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| | |||
|
Situated just under an acre surrounded by oak trees, you'll find an exquisite one-story brick residence in Shavano Park. The expansive layout, abundant natural light, and lofty ceilings enhance the impressive living space, complete with a fireplace and tranquil vistas of the backyard. The generous gourmet kitchen is ideal for cooking up culinary delights and hosting casual get-togethers. The private master suite boasts a luxurious bathroom with a walk-in shower and tub, dual vanities featuring top-notch built-ins, and an expansive closet. The backyard, reminiscent of a park, includes a spacious patio, gazebo, and a cascading waterfall, offering ample space for a potential pool or play court.
| |||
| Jan 4, 2008 | Sold | ||
| Sold | |||
| Sep 6, 2007 | Listed by The Real Estate Team | $469,000 | |
| Listed by The Real Estate Team | |||
| Apr 26, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017