208 South Avenue
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 18, 2025 | Price Decreased |
$27,000
↓ $4K
(12.9%) | |
| Price Decreased | |||
| Jan 25, 2025 | Listed by Signature Properties | $31,000 | |
| Listed by Signature Properties | |||
| Apr 14, 2000 | Sold to Eugene Frisbie | ||
| Sold to Eugene Frisbie | |||
Property Highlights
208 South Avenue
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Elmira
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Data Source: NYSAMLSs, MLS# EC278381
