15 Elm
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 31, 2026 | Listed by Eufaula Lakeshore Realty, LLC | $349,000 | |
| Listed by Eufaula Lakeshore Realty, LLC | |||
| Apr 30, 2026 | Price Decreased |
$349,000
↓ $30K
(7.9%) | |
| Price Decreased | |||
| Feb 19, 2026 | Price Decreased |
$379,000
↓ $3K
(0.7%) | |
| Price Decreased | |||
| Jan 30, 2026 | Listed by Eufaula Lakeshore Realty, LLC | $381,500 | |
| Listed by Eufaula Lakeshore Realty, LLC | |||
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LOCATED IN THE HEART OF LONGTOWN, this like-new barndominium combines modern finishes with an unbeatable lake-area location. The 3-bedroom, 2.5-bath home offers an open, comfortable layout featuring vinyl plank flooring throughout and a stylish kitchen with a center island and granite countertops, perfect for gathering and entertaining. A standout feature is the large game room, complete with glass doors that raise open during nice weather, seamlessly blending indoor and outdoor living and enhancing the entertainment space. Situated less than one mile from Lake Eufaula and just a couple of miles from Nine Marina, this property offers quick access to boating, fishing, and local dining. With its modern design and desirable location, this home is ideal as a primary residence, weekend retreat, or income-producing vacation rental. Call to schedule a viewing and please note all furnture can be purchased for an additional price.
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| Jun 21, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017