227 Elm St
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 |
|---|---|---|---|
| Aug 11, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $339,900 | |
| Listed | |||
| | |||
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Unique oversized Contemporary Raised Ranch in a great Seekonk location on quiet wooded corner lot. Large beautiful wrap around deck/porch overlooking the peaceful grounds with in-ground gunite pool. First floor offer a large kitchen with center island and breakfast bar area. Open floor plan with fireplaced living room and dining room. Large master bedroom with full bath w/double sinks & walk-in closet and sliders out to the deck Second bedroom and additional full bath accessed from bedroom and hallway. Lower level has bedroom, kitchen, fireplaced living room & full bath. Perfect in-law set up or teen suite w/private entrance. Oversized two car garage & lots of storage. Brand new septic just installed. Call today to set up you private showing.The manager has listed the unit size as 1404 square feet.
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| May 29, 2017 | Listed by RE/MAX Real Estate Center | $339,900 | |
| Listed by RE/MAX Real Estate Center | |||
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Address: 335 Madison Avenue, New York, NY 10017