171 Elmwood Road
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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Oct 24, 2023 | In contract | - | |
| In contract | |||
| Sep 27, 2023 | Price Decreased |
$2,899,000
↓ $51K
(1.7%) | |
| Price Decreased | |||
| Aug 31, 2023 | Price Increased |
$2,950,000
↑ $1K
(0%) | |
| Price Increased | |||
| Jul 19, 2023 | Listed by Keller Williams Realty | $2,949,000 | |
| Listed by Keller Williams Realty | |||
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Now Ready! Beautiful 6 bedroom Colonial by one of Needham's most sought after builders is ready for your family! Beautiful millwork and lighting throughout the home, spacious formal living room and dining room. Open concept chef's kitchen overlooks the breakfast area and inviting family room, complete with a fireplace that leads out to a spacious patio. Oversized island and ample cabinets. High-end Wolf & Sub-Zero appliances. Oversized mudroom with a closet and custom-built cubbies. First floor suite features a full bath and is perfect as a guest room, in-law suite or an office/study. Spacious foyer. Amazing Primary suite with two walk-in closets and spa-like primary bath. Stunning en-suite bedroom, plus two additional bedrooms with a jack-and-jill bath and laundry complete the second floor. Finished lower level bonus/play room, gym space with a full bath. Professionally landscaped grounds with a oversized backyard. Conveniently located close to all major routes, Dunks, Hazels,& train.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017