159 Elmgrove Avenue
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 |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
| Feb 4, 2025 | Listed by Romeo Team Realty | $399,900 | |
| Listed by Romeo Team Realty | |||
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Stunning traditional brick home, rich in character yet fully modernized! Enter thru inviting front door under copper awning or newly renovated mudroom w storage, new flooring, door & windows '24. Inviting sunlit living room, warmed by wood-burning fireplace, flows into formal dining room thru french doors. Pantry w built-in cabinetry complements kitchen. Cozy family room w new windows '23 opens to picturesque brick patio. First-floor bed w ensuite is currently a charming breakfast nook. Upstairs find 4 spacious beds & 2 updated baths. Entire house re-painted, refinished oak wood floors, updated electrical, light fixtures & brand-new HVAC. Basement w new wiring, lighting, plumbing & stationary tub. Across the street from Emma Willard's campus & minutes to downtown Troy & East Greenbush.
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| Aug 12, 2022 | Sold | ||
| Sold | |||
| Jan 6, 2022 | Listed by Coldwell Banker Prime Properties | $279,900 | |
| Listed by Coldwell Banker Prime Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017