270 Ely Ave
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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed | $365,000 | |
| Listed | |||
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Perfectly positioned on a sunny corner lot, this 4-bedroom, 2-bath home blends comfort, flexibility, and the simple joys of outdoor living. From the moment you arrive, you'll notice the lush perennial gardens, the vibrant vegetable beds, and the inviting backyard complete with a gazebo, updated composite deck, and an above-ground pool, all set on a level, easy-to-maintain yard. Inside, the first floor offers a smart layout with a bedroom tucked conveniently on the main level. Need extra space? The formal dining room includes a closet, allowing it to flex easily into a 5th bedroom or office. Hardwood floors add character to select rooms, and the kitchen, with its newer gas stove, is generously sized for a dining table or future island addition. Key updates include a younger roof(2012), windows (2012), boiler (2014), Deck (2021),solar (2023), & electrical panel(2024). Whether you’re relaxing by the pool, eating dinner under the gazebo, or just need the bedroom space, this one's for you.
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| Sep 26, 2013 | Sold | ||
| Sold | |||
| Apr 20, 2013 | Listed by Keller Williams Realty | $224,900 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017