1318 Elmhurst Drive
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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 26, 2021 | Sold | ||
| Sold | |||
| Jul 21, 2021 | Listed by Texas Connect Realty | $260,000 | |
| Listed by Texas Connect Realty | |||
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Country Living in the suburbs! Rare huge lot close to acre under 300k. 2 lots plus creek lot. Great space between you and neighbors. Huge backyard for hosting gatherings. Private side driveway that leads to rear garage. Small storage shed near creek. Stairs and walkway lead to creek in rear. Lots of cabinet space. Granite countertops, gas cook-top, built-in oven. Bathrooms nicely updated. Resurfaced ebony hardwood floors throughout. Roof replaced in 2017. New 50 gallon water heater. Really efficient home for the age. Seller is downsizing. Selling as is no repairs. Seller would need 30 days lease back. This one WONT LAST!!! Showings will begin Saturday. **Multiple offers best and final by 9pm 7_29**
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017