2421 Eliot St
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 |
|---|---|---|---|
| Mar 26, 2025 | Sold | ||
| Sold | |||
| Feb 16, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Listed by RE/MAX Professionals | $849,000 | |
| Listed by RE/MAX Professionals | |||
| | |||
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Welcome home to the perfect fusion of old-world charm and contemporary living. Just steps from restaurants, bars, coffee shops, parks, a grocery store, and stadiums, this home offers unbeatable convenience, walkability, and community. The open floor plan boasts 1645 sqft of above ground living and a generous 5,260 sqft lot. The expansive lot features an oversized detached garage and additional parking spaces, ensuring ample room for vehicles and storage. Recent upgrades include a remodeled kitchen, bathrooms, and flooring (2021), a new gas furnace (2024), water heater (2024), upgraded electrical panel (2024), a mini-split heat pump/AC unit for the second floor (2023), and a 3-ton primary AC unit (2022). Opportunities to own a historic single-family home in this sought-after neighborhood are rare-don't miss your chance to experience timeless charm!
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| Nov 15, 2024 | Price Decreased |
$895,000
↓ $55K
(5.8%) | |
| Price Decreased | |||
| Nov 9, 2024 | Price Decreased |
$950,000
↓ $48K
(4.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017