26
Map
2 Ely St
About This Property
Listed By
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Cap Rate Calculator
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 12, 2026 | Price Decreased |
$348,000
↓ $32K
(8.4%) | |
| Price Decreased | |||
| Jul 29, 2026 | Listed by Real Broker MA, LLC - Team Chundi | $380,000 | |
| Listed by Real Broker MA, LLC - Team Chundi | |||
| Jun 19, 2009 | Sold | ||
| Sold | |||
| Feb 6, 2009 | Listed by Panarelli Realty | $45,900 | |
| Listed by Panarelli Realty | |||
| | |||
|
Bank owned opportunity. Dead end street. Replacement windows. Property is being sold in As-Is Condition. Seller has never lived in the property. Seller makes no representations expressed or implied. A Pre-Qual letter from WFHMC must accompany all financed offers. Expect response in 24-72 hrs of offer. Typical seller hrs (M-F 9-5) SOLD AS IS. Please review Packet from MApass.
| |||
| Oct 29, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017