28 Elm Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 15, 2015 | Sold | ||
| Sold | |||
| Apr 4, 2014 | Listed by Michael Mendyk Real Estate | $400,000 | |
| Listed by Michael Mendyk Real Estate | |||
| | |||
|
PRICE of this 1800 era home has been reduced $50,000.00. In the 40's the home went through a major renovation which involved a major facelift to its interior by Bill Gass. This included crown moldings, built-in bookshelves, and wonderful Bay/bow windows. Boasting over 2300 sq. ft. featuring a fireplace in the middle of the 14' x 30' living room, the walk up attic leaves room for your imagination and design for further use or expansion or storage. Directly behind the rear of this beautiful home sits a rare 50' x 90' building complete with a loading dock and cement floor and very high ceilings, used in its day to store onions and later on tobacco. Again, the use of this structure is left to your imagination and need. Directly to the rear you'll find approximately 4 acres of great flat farmland which a portion of goes down to the Mill River.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017