170 Elkins Place
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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.
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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 |
|---|---|---|---|
| Oct 9, 2019 | Sold | ||
| Sold | |||
| Sep 3, 2019 | Listed by Re/Max Premier Prop Arcadia | $1,480,000 | |
| Listed by Re/Max Premier Prop Arcadia | |||
| Aug 9, 2019 | No longer available | - | |
| No longer available | |||
| Jun 6, 2019 | Listed | $1,480,000 | |
| Listed | |||
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Peaceful Highland Oaks Neighborhood in North Arcadia. With 5 bedrooms, 3 bathrooms, and over 2,600 sq. ft. of living space, and a lot size of over 15,000 sq. ft., this home offers more than enough space for a household of any size to thrive! The front entrance welcomes you into an expansive living room featuring hardwood floors & a gorgeous stone fireplace. Just beyond the living area is a bright & airy family room with recessed lighting, also featuring hardwood floors & a charming corner fireplace adorned with brick. The galley-style kitchen offers plenty of counter and storage space, wood cabinets, tile counter-tops & floors, gas stove & oven, dishwasher, and a lovely dining nook. 4 of the 5 bedrooms in this home are tucked away in a hallway and includes 3 spacious rooms which share a full hallway bath & a cavernous Master bedroom with its own private bath. The 5th bedroom is in its own separate corner of the home, and is perfect for use as a guest quarters or in-law unit; it features its own 3/4 bathroom & entryways. This home also offers a huge enclosed patio with Spanish tile flooring that opens up from the family room and lets in an abundance of natural light. Hold outdoor barbecues in this home’s enormous backyard that features a sparkling pool, covered patio area & mature fruit trees for you to enjoy. Laundry is located in the convenient attached 2-car garage; the circular driveway is large enough to accommodate multiple vehicles. Arcadia Unified School District. The manager has listed the unit size as 2612 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017