124 Elm Road
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by Houlihan Lawrence Inc. | $1,659,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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This one-of-a-kind home has been lovingly expanded & improved over the years, offering easy living and flexible spaces. Set on a level fenced acre with golf course views, it is also close to the center of the Village. This beautiful move-in condition home has a Primary Bedroom Suite on the main floor with an updated en-suite Bathroom, & a door out to the backyard. The large updated Chef's EIK with center island, also offers a butler/service pantry. The Living Room with FPL & coffered ceiling has French doors to a large Patio & the backyard. The Dining Room shares the Butler/Service Pantry with the EIK.The Family Room with vaulted ceiling & an exposed brick wall is generously sized (gas FPL "as is"). Additional, multiple rooms can be used for play, guests or as a home office. Calling all gardeners! Professionally planted beautiful perennials surround the house with an irrigation system in many of the flower beds (2019). Solid wood interior doors. Hardwood floors as seen throughout. Updated Bathrooms plus new main floor laundry room (2018-2019). New Roof (2022), Two new AC condensers (6/2018). New Oil Furnace (5/2021). Two Heating Sources: One is Propane & One is Oil. Exterior Painted & Gutters replaced (2018). 14 KW Whole House Generator (2021). See attached features sheet for more improvements. You do not want to miss this home.
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| Apr 17, 2017 | Sold | ||
| Sold | |||
| Mar 10, 2016 | Listed by Houlihan Lawrence Inc. | $1,495,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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This Beautiful Home is Ready for you. Enjoy this special residence which is great for living and entertaining. Located directly across from Trump National Golf Club. Everything has been meticulously updated and maintained. Living Room with Fireplace/Coffered Ceiling, French Doors to yard, Magnificent Gourmet Kitchen Custom Cabinetry-Limestone counters- Multi-Burner+Griddle Range w/pot filler, Warming draw, Butlers' Pantry/wine refrigerator. Family room has fireplace and vaulted ceilings. First Floor Master Suite/French doors to Patio/ Walk in closest, Bath(CO in process) Level Property, Fenced Yard- Gated entrance. Owner financing available. Additional Information: Amenities:Guest Quarters,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017