26 Elm Street
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 21, 2020 | Sold | ||
| Sold | |||
| May 26, 2020 | Listed by Bean Group / Bedford | $124,900 | |
| Listed by Bean Group / Bedford | |||
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Back on the market, and ready to sell! This well maintained 26 x 58 manufactured home is located at the end of Elm Street, on a corner lot, in desirable King's Grant. This park is for residents 55 and over, and household pets are allowed, with a few restrictions. This spacious home features two bedrooms, two full baths, a den and a large enclosed porch. There is also a newer two car carport, central air conditioning, a Kohler stand-by generator and a deck overlooking the fenced back yard. The plentiful skylights fill this spacious home with sunshine, and the colors are light and neutral, appealing to all tastes. There is also a laundry room off the kitchen with a full sized washer and dryer, a fully applianced kitchen, and a gas fireplace in the cozy den. The monthly park fee is $450.00, which includes water, sewer, trash pick-up and road maintenance. There is a one time park application fee of $125.00 as well, and applicants must have credit scores of at least 650. Delayed showings begin May 29, 2020.
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| Apr 4, 2017 | Sold | ||
| Sold | |||
| Feb 9, 2017 | Listed by Keeler Family Realtors | $69,000 | |
| Listed by Keeler Family Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017