2406 Elmen Street
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 |
|---|---|---|---|
| Sep 17, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2021 | Listed by RE/MAX Signature Galleria | $699,785 | |
| Listed by RE/MAX Signature Galleria | |||
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Absolutely lovely, classic Inner-Loop home with garage apartment on a beautiful lot located close to so much of what you want and need! Comprised of a 4 bedroom, 2 bath home, plus a detached garage (2001) containing a marvelous apartment with kitchen, bath and a huge walk-in closet, this home has been carefully maintained by its present owner. Gorgeous hardwood floors and stairs! Lots of Pella dual paned windows for a bright, airy feel. Three HVAC systems. This was a duplex that the Seller made into a single family home, adding concrete ramps to the front and back doors. The downstairs bath has a walk-in shower while the upstairs bath has a shower/tub. With a duplicate floor plan there is a kitchen and a utility room on both levels (second floor utility- pipes in the wall per Seller). The living room features a mock fireplace and loads of built-in shelves. This is such a wonderful home in such a fantastic location that you do not want to miss this one! Hurry to see this home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017