1320 ELSINORE AVENUE
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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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 27, 2024 | Listed by McEnearney Associates, LLC | $1,350,000 | |
| Listed by McEnearney Associates, LLC | |||
| | |||
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Welcome to this beautifully expanded home in the highly desirable McLean Hamlet community. With 5 spacious bedrooms, 3 full baths, 3 fireplaces and a fully fenced backyard, this home seamlessly blends modern amenities with timeless charm. Enter through a stunning grand foyer with white tile floor and up to the main level, featuring beautiful hardwood floors throughout. The large living room offers a wood burning fireplace, and transitions into a separate formal dining room with large sliding doors to the deck. The charming family room addition (2018) features high ceilings and gas fireplace, and is perfect for relaxing. The eat-in kitchen was updated in 2011, with new ovens recently added(2022), and features a large picture window with views of the deck and yard. The lovely deck has a retractable awning (2018) to provide added shade while enjoying the view of this expansive and private oasis (.32 acre) with landscaping and rock garden designed by Meadow Farms (2019), and excellent drainage with the new French Drain (2023). All windows and sliding doors were replaced (2013). The 1-car garage has an extra storage room, and the driveway was rebuilt and expanded (2016). The lower level has a large family room with wood-burning fireplace, and two additional bedrooms/offices/work-out rooms, and walks out to a screened porch (2018) and grilling area. Don’t miss your chance to own this exceptional home that offers elegance, comfort and privacy, in a fantastic neighborhood. Enjoy the best of McLean, while close to Tyson's Corner, Reston, DC and two major airports. The vibrant McLean Hamlet community offers an array of amenities, including the Hamlet Pool, tennis courts, two parks, Rec Center, community activities and well-lit streets with sidewalks.
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| Sep 2, 2011 | Sold | ||
| Sold | |||
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About McLean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017