2601 Elm 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 |
|---|---|---|---|
| Dec 1, 2017 | Sold | ||
| Sold | |||
| Oct 10, 2017 | Listed by El Paso TEAM RESULTS, PLLC | $76,000 | |
| Listed by El Paso TEAM RESULTS, PLLC | |||
| Nov 8, 2012 | Listed by EXIT West Realty | $72,900 | |
| Listed by EXIT West Realty | |||
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Nestled close to the mountain, this quaint and space-efficient home offers you more than just your average starter home. Recently updated on everything from electrical and plumbing, to roof and appliances, you'll love this cozy yet affordable home. The 3 bedroom floor plan is the perfect investment for any family and is ready to move in!
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| Jan 30, 2007 | Sold | ||
| Sold | |||
| Sep 22, 2006 | Listed by RE/MAX Homes Plus, Inc. | $29,900 | |
| Listed by RE/MAX Homes Plus, Inc. | |||
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It`s a bonfide fixer-upper, but you can afford to do a total makeover or start from the ground up at this cheap price. House is located on NW corner of Elm at Memphis in a stable pre-WW II neighborhood. It has 6 rooms and a shanty at the side, which may have been used for storage or parking. Washer hook-ups are in the rear room. Pier & beam foundation. Yard fenced on all four sides. Plentiful street parking. Nice view of the mountains. Cash only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017