204 W Point WAY
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 3, 2026 | Listed by Keller Williams City-View | $295,000 | |
| Listed by Keller Williams City-View | |||
| Aug 13, 2026 | Price Decreased |
$295,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Jun 11, 2026 | Listed by Keller Williams City-View | $300,000 | |
| Listed by Keller Williams City-View | |||
| |||
|
OPEN HOUSE: Saturday, July 18, from 12PM-2PM. This home offers a wonderful balance of comfort, quality, and location. The kitchen features beautiful granite countertops, while the upstairs bathrooms are finished with quartz countertops, providing both style and durability. The surrounding community reflects the best of small-town living, where neighbors know each other, local businesses support one another, and there is always something happening to bring people together. Elgin is collaborative, welcoming, and fun. Just minutes away, Elgin's vibrant historic downtown offers locally owned shops, restaurants, coffee spots, live music, festivals, and community events throughout the year. Downtown serves as the heart of the community - a place where people gather, connect, and celebrate what makes Elgin unique. The location is a standout highlight. The home is within walking distance of the future Aviators development, an exciting project that will include an amphitheater, retail shops, restaurants, and gathering spaces. It's a rare opportunity to be steps from one of Elgin's most anticipated destinations while still enjoying the charm and character the area is known for. Elgin offers the convenience of proximity to Austin while maintaining a more relaxed pace of life, strong community connections, and a rich sense of history. The unique combination of small-town charm, a thriving downtown, and exciting future opportunities makes this an exceptional place to live.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017