232 Elm Avenue
About This Property
This lovely property features a private backyard perfect for entertaining, complete with a deck overlooking the pool. If you're feeling cold, hop into the cozy hot tub beneath the covered back porch. Inside, you'll find an inviting living area with plenty of natural light, a modern kitchen with stainless steel appliances and butcher block countertops. The home is close to town, offering local schools, a walking park, food, and more. It's also just 25 miles from App Ski Mountain and minutes from Highway 321. Don't miss this charming home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Jan 26, 2025 | Relisted | $409,900 | |
| Relisted | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by Foothills Realty, LLC | $409,900 | |
| Listed by Foothills Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017