1237 Elder Ave #10
About This Property
The manager has listed the unit size as 390 square feet.
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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 |
|---|---|---|---|
| Aug 10, 2021 | No longer available | - | |
| No longer available | |||
| Aug 9, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed | $340,000 | |
| Listed | |||
| | |||
|
Great opportunity to own a corner unit creekside condo only 6 blocks from downtown Pearl st. filled with flowers and a private community garden. Dip your toes into the creek off of your patio area in this two floor condo with great usability. The primary bedroom has a large skylight that opens for a nice touch. Other great upgrades include new floors, new fridge, new stove, new paint, new dishwasher, new recessed lighting and wall usb ports, new washer/dryer, new dishwasher, new sink, new insulation for sound reduction and new 18000 BTU air conditioning system that keeps the condo ice cold. This units electric was also upgraded for a future hot tub installation by the creek. Also included is a new full wall wardrobe and new high-end Samsung TV. The unit also includes a large and secure storage unit. The Seller was in the process of a full renovation but there are still a few things that still need completion. Use your imagination to let the final touches be yours! Call for details. The manager has listed the unit size as 390 square feet.
| |||
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Dec 2, 2018 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/16/2023
|
2 Bed
|
1 Bath
|
785 ft²
|
$495,000
2 Bed
1 Bath
785 ft²
|
-
-
|
Marybeth Emerson
Colorado Landmark-Boulder
| |
|
07/15/2021
|
1 Bed
|
1 Bath
|
390 ft²
|
$340,000
1 Bed
1 Bath
390 ft²
|
$355,000
+4.41%
08/09/2021
|
Drew Villa
Coldwell Banker Realty-Boulder
| |
|
11/08/2019
|
2 Bed
|
1 Bath
|
785 ft²
|
$550,000
2 Bed
1 Bath
785 ft²
|
-
-
|
-
| |
|
10/23/2018
|
1 Bed
|
1 Bath
|
390 ft²
|
$329,000
1 Bed
1 Bath
390 ft²
|
$319,000
-3.04%
12/07/2018
|
Joel Thompson
| |
|
04/06/2014
|
1 Bed
|
1 Bath
|
416 ft²
|
$167,700
1 Bed
1 Bath
416 ft²
|
$175,000
+4.35%
04/30/2014
|
Tammy Milano
RE/MAX Elevate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017