123 Ely Road
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 |
|---|---|---|---|
| Dec 8, 2020 | Sold | ||
| Sold | |||
| Oct 14, 2020 | Listed by RE/MAX Prestige | $480,000 | |
| Listed by RE/MAX Prestige | |||
| Apr 22, 2019 | Sold | ||
| Sold | |||
| Apr 30, 2012 | Sold | ||
| Sold | |||
| Mar 27, 2012 | Listed by Kempf-Vanderburgh Realty Consultants, Inc. | $280,000 | |
| Listed by Kempf-Vanderburgh Realty Consultants, Inc. | |||
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Here is a unique opportunity to purchase a home "under construction". Price is as-is and seller has written estimates for completion. Originally being built for the owners with an elevator and many unique features that could be changed or completed per the plans. Seller has put $345,000 into this property not including the lot value so this is a real value for the right buyer. Views for miles, 6 car garage great for the car or work enthusiast. Being sold as is for the current asking price
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Address: 335 Madison Avenue, New York, NY 10017