1544 Elevation Rd
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 |
|---|---|---|---|
| Sep 23, 2020 | Sold | ||
| Sold | |||
| Jul 31, 2020 | Listed by Compass | $1,625,000 | |
| Listed by Compass | |||
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Top Of Bay Park! This pristine home was designed to entertain and enjoy grand views of the Sunsets, Ocean, Bay, Sea World & beyond from the west facing gourmet kitchen, open concept living room & master suite, all situated on the upper level. Entry level features 3 ensuite bedrooms each with walk in closets, laundry room, 2 car garage with Epoxy floors, expansive veranda (pre-wired for spa), and beautifully landscaped yard with low maintenance Turf lawn. The perfect place to call home! [Supplement]: Exclusive Overlook Heights home at top of Bay Park! Built in 2007, this home was designed to capitalize on the Sweeping Bay and Ocean Views. Reverse floor plan features 2nd story gourmet kitchen, open concept living room & master suite! Entry level features 3 bedrooms each with en-suite baths and walk-in closets. Chef's kitchen features walk-in pantry, stainless Sub-Zero refrigerator, dual Wolf Ovens, Wolf burner/broiler w/ skillet gas range, huge island with bar seating. The dining room has a fully equipped wet bar that includes two Sub-Zero wine coolers and Ice maker. Enjoy the outdoors w/ over 800 sq ft of deck and turf yard! This pristine home was designed to entertain and enjoy grand views of the Ocean, Bay, Sea World & beyond from your west facing gourmet kitchen, open concept living room & master suite, all situated on the upper level. Enjoy breathtaking Sunsets & Beautiful Views of the Ocean & Bay. Entry level features 3 en-suite bedrooms each with walk in closets, laundry room, 2 car garage with Epoxy floors, expansive veranda (pre-wired for spa), and beautifully landscaped yard with low maintenance Turf lawn. Neighboring the canyon of USD, ownership in Overlook Heights offers a private gate to USD facilities just a block away and granted exclusive key card access entry use for Tennis Courts, Cafe's and other campus amenities.
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| Jul 31, 2018 | Sold | ||
| Sold | |||
| Jun 20, 2018 | Listed by RE/MAX Pacific | $1,499,000 | |
| Listed by RE/MAX Pacific | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017