2 W Elm Street
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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Listed by Signature Premier Properties | $599,000 | |
| Listed by Signature Premier Properties | |||
| | |||
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Welcome to 2 West Elm Street! Upon entering the front door, the opennes is the focal point of the home. It’s spacious with large windows that allow natural light to pour in. With hardwood floors throughout the living room, dining area and kitchen and a beautiful stone fireplace. The kitchen is modern and sleek with quartz countertops, Bosch stainless steel appliances, soft close cabinets and a beautiful backsplash with modern pendants over a peninsula that can accommodate up to 4 bar stools. The adjacent dining area can comfortably seat 6 at a table open to the living space. The three bedrooms are well-sized with closets, designed for maximum storage. The bathroom with its modern and stylish tilework, a modern vanity, and updated fixtures elevate the space. Conveniently located to all. This home is truly a gem and must be seen before it goes!
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| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
Property Highlights
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About Islip
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 3 Beds
- 2 Baths
- 2,040 ft²
$3,000 /mo
- 1 Bed
- 1 Bath
- 620 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017