1416 Mount Elbert Dr
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 |
|---|---|---|---|
| Mar 19, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Listed by Stephanie McBride | $493,000 | |
| Listed by Stephanie McBride | |||
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Welcome to the mountains! This well kept, cozy home is ready to welcome you to make Lake County home! The new siding gives the home incredible curb appeal, while the new water and new furnace make the home perfectly comfortable. Don't forget to snuggle up with the a good book in the bay window that brings in marvelous mountain sunshine. The extra storage and garage make storage and winter weather protection a breeze. Your furry friends will have all they need in the spacious, fenced backyard. This home is ready for you to make it home!
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| Nov 18, 2022 | Sold | ||
| Sold | |||
| Jun 24, 2022 | Listed by Stephanie McBride | $440,000 | |
| Listed by Stephanie McBride | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017