137 ELDERT Street #2
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%.
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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.
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 |
|---|---|---|---|
| Feb 5, 2021 | Sold | ||
| Sold | |||
| May 13, 2021 | Sold | ||
| Sold | |||
| Mar 16, 2021 | In contract | - | |
| In contract | |||
| Nov 12, 2020 | Listed by Home Court Real Estate LLC | $699,999 | |
| Listed by Home Court Real Estate LLC | |||
| | |||
|
This sun filled 2 bedroom 2 full bathroom 1,026 sq/ft condo was newly built less than 5 years ago in the heart of Bushwick. Conveniently located 4 blocks from the J and L trains. Brooklyn charm with a luxury condo feel. 9.5 foot ceilings, large windows, white oak floors, in unit washer/dryer, and a kitchen designed for a chef. The kitchen includes Caesarstone waterfall countertops, premium custom german cabinets from Nobilia, whirlpool stoves and dishwasher, Fisher- Paykel refrigerator and a built in GE Profile microwave. The large master bedroom comes with an en-suite bathroom and a walk-in closet. Also included is a 46 SF private storage unit in the basement. You will be steps away from Tiger park which has basketball courts and a track for easy access to outdoor activities. Video tours are available upon request.
| |||
| Nov 7, 2020 | 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 |
|---|---|---|---|---|---|---|---|
|
10/25/2022
|
2 Bed
|
2 Bath
|
1026 ft²
|
$775,000
2 Bed
2 Bath
1026 ft²
|
$770,000
-0.65%
05/10/2023
|
Helen Chee
Compass
| |
|
11/12/2020
|
2 Bed
|
2 Bath
|
-
|
$699,999
2 Bed
2 Bath
|
$690,000
-1.43%
05/13/2021
|
Norman Heger
Home Court Real Estate LLC
| |
|
06/01/2020
|
2 Bed
|
2 Bath
|
1498 ft²
|
$950,000
2 Bed
2 Bath
1498 ft²
|
$790,000
-16.84%
11/06/2020
|
Marie Bromberg
Compass
| |
|
12/09/2016
|
2 Bed
|
2 Bath
|
-
|
$649,000
2 Bed
2 Bath
|
$649,000
03/16/2017
|
Calvin Thomas
Ideal Properties Group LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017