2 Elm Court
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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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Feb 4, 2024 | In contract | - | |
| In contract | |||
| Jan 16, 2024 | Relisted | $519,900 | |
| Relisted | |||
| Jan 7, 2024 | In contract | - | |
| In contract | |||
| Sep 9, 2023 | Listed by ARC Realty 1 in Sales | $519,900 | |
| Listed by ARC Realty 1 in Sales | |||
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Nicely renovated colonial located on a cul-de-sac. This home consists of four bedrooms on the second level, including master suite with renovated bathroom and a full guest bathroom. On the first level you will find an EIK with quartz counter tops, island, stainless steel appliances, beautiful tile floor. An oversized family room with cathedral ceiling, crown moldings, and an electric fireplace. Also, there is a half bathroom, formal dining room, living room, and an office. There are two glass sliding doors: one will take you to a covered porch with ceiling fans and the other leads to a deck. A lot of space for Entertaiment. Central A/C with heat pump for heating. Central vacuum hook-up. Full basement and a two-car garage. Good commute to NYC. Close to Taconic State Parkway and other major roads.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017