118 Elm Ave
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 31, 2020 | In contract | - | |
| In contract | |||
| May 20, 2020 | Listed | $950,000 | |
| Listed | |||
| | |||
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Imperial Beach living at it's finest! If you're looking to be in the heart of a great beach community, this is the location. Ocean and pier views from the living room, master bedroom and the patio off the living area. Steps to the sand, farmers market, pier, dining, breweries and beach life! Recently completely redone with beautiful new kitchen, baths, flooring and all the details. With the great 2 car garage and parking space in your driveway, busy beach parking isn't a worry. One of a kind home! The manager has listed the unit size as 1569 square feet.
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| Aug 26, 2019 | Sold | ||
| Sold | |||
| Jun 22, 2019 | Listed by West Coast Investments | $895,000 | |
| Listed by West Coast Investments | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017