24 Elwood Drive
About This Property
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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 |
|---|---|---|---|
| Oct 30, 2015 | Sold | ||
| Sold | |||
| Jun 15, 2015 | Listed by First Place Realty | $168,800 | |
| Listed by First Place Realty | |||
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JUST PICTURE A STORY BOOK~ CLEAN SLEEK AND UPDATED WITH ILLUSION OF TRAY CEILINGS WHEN ENTERING THE OPEN LIVING AND DINING ROOM. OPEN FLOOR PLAN WITH A FRENCH STYLE DOOR TO AN OFFICE/ DEN. THREE SEASON HEATED, ENCLOSED PORCH WITH VIEWS OF A PRIVATE FENCED BACK YARD. EAT IN KITCHEN WITH WONDERFUL GENEVA CABINETS GIVING A RETRO APPEARANCE. GLEAMING OAK HARDWOOD FLRS WITH MAPLE ETCHED DESIGN CENTERED AROUND THE LIVING ROOM FIREPLACE. RECESSED LIGHTING THROUGHOUT ALONG WITH A BEAUTIFULLY DESIGNED OPEN STAIRCASE LEADING TO 3 BEDROOMS WITH THE MASTER HAVING 4 CLOSETS HIS AND HERS. FULL PARTIALLY FINISHED BSM'T WITH A LAUNDRY ROOM AND WORKSHOP AREA. NOW YOU CAN CLOSE YOUR 2 CAR GARAGE AND ALL THIS LOCATED IN BEAUTIFUL FOREST PARK. MOVE IN CONDITION BRIGHT AND NEUTRAL DECOR. BRING YOUR OFFERS.
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| Mar 30, 1998 | Sold | ||
| Sold | |||
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