23 Elmer Place
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%.
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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 |
|---|---|---|---|
| Sep 25, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2020 | Listed by Kell and Company | $349,000 | |
| Listed by Kell and Company | |||
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Welcome to 23 Elmer Place. This 3 Bed 2 full bath contemporary home perfectly combines architectural style with function. Immaculately maintained inside and out and with a long list of updates: new windows, new Bosch on demand heating system, new hardwood flooring, newer roof (just 3 years old) and new fence are just a few of the recent improvements. Well suited for indoor-outdoor living and entertaining, whether you are hosting parties or quietly putting your feet up. In the warmer months you will absolutely adore your large deck which overlooks your patio and fully fenced in backyard! Inside, an open floor plan features a Cathedral ceiling which opens to a second story loft: a wonderful flex space for your home office or play room. New appliances in kitchen, Corian counters, and gorgeous full length maple cabinets. First floor master suite with large walk-in closet, tile shower, and deck access. 2 additional second story bedrooms and an additional full bath. Attached 2 car garage. Basement has separate heating zone and provides a ton of storage and living options. A quiet neighborhood and a fantastic lot, this home is truly move-in ready. You don't want to miss this gem.
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| Jun 12, 2017 | Sold | ||
| Sold | |||
| Apr 6, 2017 | Listed by KW Vermont/St. Albans | $280,000 | |
| Listed by KW Vermont/St. Albans | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017