1948 Elmdale Road S
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 |
|---|---|---|---|
| Sep 1, 2026 | Listed by KW SYNERGY* | $350,000 | |
| Listed by KW SYNERGY* | |||
| Nov 9, 2022 | Sold | ||
| Sold | |||
| Sep 26, 2022 | Listed by Fathom Realty | $260,000 | |
| Listed by Fathom Realty | |||
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Away from all neighbors sits this perfect spot that's both spacious and charming. The property is secured with an electronic gate, and the home sits near the front of 4.74 acres. Just some of its great features are 2 living areas, one serving as a dual living and dining space; beautiful custom-built kitchen cabinetry; and a vaulted, large garage (27 x 30). With room to spread out, the backyard has a fire pit, an oversized swing set, and a huge chicken coop (22 x 9), great fences, and the entire perimeter is secured with an electronic dog fence. The 16 x 11 well-house is large enough to house a riding lawnmower, plus storage. Additional features include a 3000 gallon tank, and a small barn out back. Come claim this sweet bit of Texas for yourself where there's not much to interfere with a clear view of the sunset!
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| May 8, 2020 | Sold | ||
| Sold | |||
| Apr 1, 2020 | Listed by Berkshire Hathaway HomeServices Stovall, REALTORS | $175,000 | |
| Listed by Berkshire Hathaway HomeServices Stovall, REALTORS | |||
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Come enjoy this little slice of heaven with gorgeous, country views within Abilene city limits! This 3 bed, 1.5 bath cutie features updated flooring, windows and french doors, a well-house featuring ample storage and 3,000 gallon tank capacity, as well as an oversized, vaulted garage! The kitchen features a built-in stainless steel microwave, oven, and a fridge that STAYS! The property is surrounded by an invisible, electric dog fence that was recently dug into the property lines. Don't miss the possibility for pets or livestock - cows, horses, chickens, or pigs! Relax on the covered back porch that overlooks the gorgeous 4.74 acres out back - perfect for those gorgeous West Texas sunsets. Welcome home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017