23 Elmcrest Road
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 |
|---|---|---|---|
| Dec 2, 2022 | Sold | ||
| Sold | |||
| Oct 28, 2022 | In contract | - | |
| In contract | |||
| Oct 18, 2022 | Listed by Keller Williams Realty | $789,000 | |
| Listed by Keller Williams Realty | |||
| | |||
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110K price correction! Beat out any future increase in rate asap! Check out this SPOTLESS bright well-maintained Colonial sits on a beautifully landscaped oversized lot COMPLETE with 2 living rooms, finished basement, two car garage, central air, wainscoting, built ins and minutes from the lake on a dead end street. This gorgeous four bedroom two bathroom home features tasteful and modern UPGRADES! The spacious kitchen boasts lots of STORAGE, granite countertops, MODERN fixtures, and an eat in kitchen sure to impress any cook and lovely for entertaining. Take a break on your spacious composite deck or head out to your backyard loaded with OPPORTUNITIES for entertainment and relaxation. Conveniently located near shopping, and restaurants with easy access to major highways. DO NOT MISS THIS RARE FIND!
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| Sep 2, 2022 | No longer available | - | |
| No longer available | |||
| Aug 13, 2022 | Price Decreased |
$849,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017