2419 Elkhorn Ranch RD
About This Property
Step inside this meticulously maintained home, where modern upgrades and thoughtful touches are evident throughout. With over 3200 sq ft, 4 bedrooms, 2.5 baths, space and flexibility abound. Freshly painted in 2024, this property is move-in ready.
The main level features a convenient layout with the updated kitchen open to the living space, and the primary bedroom situated for easy access, complemented by both formal and breakfast dining areas and the versatility of two living spaces. Ascend to the second floor to find three additional bedrooms, accompanied by a spacious loft space that can adapt to your lifestyle needs.
Recent renovations in this home include new vinyl flooring installed in 2023, a new water heater in 2021, a new dishwasher in 2022, updated kitchen cabinetry, new lighting fixtures, and ceiling fans installed in 2024, new vanity lights, and a powder bathroom sink installed in 2024, and a new roof installed in 2019.
This property is ideally situated near highly-rated schools, restaurants, shopping centers, and offers easy access to major highways!
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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 |
|---|---|---|---|
| May 6, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Redfin Corporation | $539,000 | |
| Listed by Redfin Corporation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017