2804 Elder Lane
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 21, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Feb 11, 2025 | Listed by Peter Drossos Real Estate | $350,000 | |
| Listed by Peter Drossos Real Estate | |||
| Mar 8, 2017 | Sold | ||
| Sold | |||
| Feb 1, 2017 | Listed by United Real Estate-Chicago | $109,999 | |
| Listed by United Real Estate-Chicago | |||
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Attention rehabbers! Great bones in this brick cape cod. Currently a 2 bedroom, but large upstairs could be reconfigured to make a 3rd bedroom. Huge lot! Beautiful 3 season room off the back overlooks serene back yard. Newer furnace! Beautiful hardwood floors were well preserved on the first floor. Not a foreclosure or Short Sale: Quick response and quick close possible. Just in time to rehab and get ready for Spring/Summer market. Get this before it is gone! SOLD AS-IS. Village of Franklin Park Compliance Inspection located under additional info. Buyer to assume repairs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017