2211 Elmgate Drive
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Apr 21, 2024 | In contract | - | |
| In contract | |||
| Apr 16, 2024 | Listed by Houstonian Properties | $424,900 | |
| Listed by Houstonian Properties | |||
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Location, location, location to the finest restaurants, medical, shopping and schools! This gorgeous property is ready for move in now. It has a beautiful Artist ceiling painting in the entry. The elegant formals are there for entertaining. The nice size family room, has a cozy center fireplace. The kitchen over looks the family and breakfast area. There are rich hardwoods through much of the home. There is an office/bedroom with built ins in the first front room. The second bedroom has the now trending wallpaper. The primary bedroom has a large walk in closet. It also has a remodeled bathroom with a nice shower. The home has a gorgeous patio that overlooks the green backyard.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017