1155 Elm St
About This Property
Relax with the comfort of a well-maintained home with central AC, a newer roof (2024) and recently replaced sewer line (2025). Enjoy the convenience of the washer/dryer in the updated full bathroom, while benefiting from the efficiency of the tankless water heater.
The backyard oasis is an entertainer's dream tailor-made for hosting BBQ parties or tranquil summer evenings unwinding on the patio. An expansive yard, fully fenced with mature trees and tons of space available for your green thumb with a full sprinkler/irrigation drip system! Additionally, a wonderful shed for tools/storage and a 1-car garage with a long driveway for ample off-street parking.
You'll love the proximity to grocery stores, several parks, Rose Hospital campus, and the new 9th + CO Development which offers easy access to coffee shops, delightful restaurants, movie theatre, and so much more. With its modern amenities, convenient location, and classic charm, this home is a must-see!!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017