2310 Elmgate Drive
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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 |
|---|---|---|---|
| Mar 20, 2023 | Sold | ||
| Sold | |||
| Feb 17, 2023 | Listed by 5th Stream Realty | $579,900 | |
| Listed by 5th Stream Realty | |||
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Welcome to 2310 Elmgate - a beautiful and thoughtfully remodeled home in the highly sought after neighborhood of Spring Shadows! This home underwent an extensive renovation in 2021. Updates include: massive primary closet with tons of shelving and hanging space, raised ceilings in the main living area, designated study, site built custom cabinetry, PEX supply lines, electrical, low E double pane windows, wood engineered white oak flooring throughout, quartz countertops, Delta fixtures and double shower in primary bathroom, LED recessed lighting, stainless high end appliance including a 36 inch range, OXXO sliding doors, tiled patio, and more. Roof, tankless water heater, HVAC were all replaced in 2021. Never flooded. Must see in person to truly appreciate the attention to detail - schedule your showing today!
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| Mar 4, 2021 | Sold | ||
| Sold | |||
| Nov 11, 2020 | Listed by Keller Williams Platinum | $329,500 | |
| Listed by Keller Williams Platinum | |||
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The best 4 BED 2 BATH home value in the Spring Branch Area. Beautiful one story home in the heart of Spring Shadows with formal living and dining rooms. The kitchen and breakfast area open up to a large den with a wood burning fireplace. Kitchen has been updated with granite countertops, tile backsplash, and undermount sink. Flooring consist of tile in all wet areas, wood laminate floors in dining, living and one of the secondary bedrooms, and carpet in the rest of the bedrooms. Home has been upgraded with double pane energy efficient windows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017