1604 Elm St
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 |
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| May 20, 2023 | Listed by HomeSmart | $949,500 | |
| Listed by HomeSmart | |||
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Charming corner lot brick Tudor situated in the sought-after Park Hill neighborhood. Located just steps away from numerous delightful restaurants and the renowned Marczyk's grocery and deli and a block from the coveted, tree lined 17th Avenue Parkway.
This home has been thoughtfully updated throughout, ensuring a modern and stylish living experience. As you enter through the front door, you'll be greeted by an inviting open floor plan, where the family and dining rooms flow into a beautiful kitchen. The main level features a spacious primary suite, an additional bedroom and full bathroom, offering both convenience and privacy. The finished basement is a versatile space, with a comfortable family room, an office for productivity, a cozy bedroom, a bathroom, laundry room, and ample storage.
Outside, the lovely backyard showcases brand new landscaping and a well-designed brand-new sprinkler system. The north side of the property is a great space for a garden or a dog run.
This home sits within the highly desirable Park Hill Elementary and East High School boundaries.
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| Dec 9, 2022 | Sold | ||
| Sold | |||
| Sep 25, 2021 | Listed by SUNNY HOMES INC | $770,000 | |
| Listed by SUNNY HOMES INC | |||
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FANTASTIC LOCATION!! POSSIBILITIES GALORE! SOLD AS IS! POSSIBLE MOLD! FINISHED BASEMENT! 2 BEDROOMS AND AN OFFICE UPSTAIRS! 1 CAR DETACHED! WATER HEATER AND FURNACE ..NEW 2016!
CALL LISTING AGENT WITH ANY QUESTIONS!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017