1740 Elmhurst Court
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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 |
|---|---|---|---|
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Apr 14, 2021 | Listed by Monument Realty | $900,000 | |
| Listed by Monument Realty | |||
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Impressive Dave R. Williams home on 1-acre lot in Prosper's Highland Meadows. Enjoy abundant space outside-pool, spa, patio space, outdoor kitchen area, fireplace & firepit. Open floor plan features pool powder bath, executive study & 2 dining areas. Kitchen has butler's pantry with wine rack, large island, dual sinks, ss appliances, double ovens, built-in refrigerator, under counter lighting, desk area & breakfast bar. Family room overlooks pool with stone fireplace & built-ins. Master suite with bay window seating area, spacious bath has double vanities. 4 additional bedrooms downstairs, 2 with jack & jill baths & 2 with en-suite baths. Upstairs features a game room with full bath. Oversized 3 car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017