15361 Elm Row Road
About This Property
Instant equity! Home appraised for $334k! Breathtaking 13 acres, large pond & wildlife galore. Two large living rooms, open floorplan to kitchen w/eat-in areas & dining room. Beautiful wood fireplace. Primary bedroom featuring his/her SEPARATE bathrooms w/LARGE walk-in closet, sliding door to the wrap around deck & hot tub. Walkout basement w/daylight windows, tall ceilings & kitchenette. 120x24 barn w/cement floors, 5 horse stalls & 100 AMP service. 32x24 barn w/electrical, cement floors, bar area, lean-to w/cement patio off the back. Pool shed w/half bath & 2 more sheds. New metal roof, kitchen appliances, garage, AC, water softener, gutters & gutter guards. Brandon at Cross Country Mortgage offers loans at 5% dow
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 7, 2023 | Sold | ||
| Sold | |||
| Jul 18, 2023 | Listed by ERA REARDON REALTY, L.L.C. | $325,000 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017