1411 Elgin Street
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%.
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 |
|---|---|---|---|
| Jul 7, 2021 | Sold | ||
| Sold | |||
| Feb 1, 2021 | Listed by Compass RE Texas, LLC | $418,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome home to 1411 Elgin Street! This fabulously located midtown home boasts oak hardwoods throughout, exceptional downtown views, a tranquil private rooftop oasis and an abundance of natural light. Come live within the heart of Midtown inside this intimate gated community. Close to parks, whole foods + shops! Built by Charter Custom Homes in 2015 & recently repainted in 2017, this home contains a stunning chefs kitchen w/ Bertazzoni appliances. Close proximity to downtown, medical center and Midtown's broader innovation district! Additional gated Guest parking within. Ready to show!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017