285 Elm St
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 19, 2025 | Sold | ||
| Sold | |||
| Mar 1, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by Studio LACO, LLC | $2,875,000 | |
| Listed by Studio LACO, LLC | |||
| | |||
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Ideally located on a corner lot in the heart of Hilltop, this stately exterior reveals a stunning interior that meets the demands of both entertaining and laid-back living. Upon entering the home, you're greeted by an inviting neutral palette, soaring ceilings, timeless architectural detailing, and abundant natural light. The expansive kitchen offers generous storage, marble countertops, and Thermador appliances, incl. a full-size wine cooler and built-in coffee maker. Its oversized island features a custom appliance garage revealed at the touch of a button. A butler's pantry with wet bar, second dishwasher, and beverage cooler add to the convenience. The main level flows seamlessly between open and cozy spaces, with attention to detail at every turn. Offering an intimate dining room, a formal living room with limestone fireplace, and an adjacent family room with beamed ceiling and French doors leading to the backyard. A home office and mudroom are tucked away on the main level, making organization for all ages a breeze. The peaceful and luxurious primary suite upstairs includes a marble bathroom with custom double vanity, glass-enclosed steam shower, soaking tub, and a fantastic wrap around closet. Two additional spacious bedrooms with ensuite baths and a conveniently located laundry room complete the second floor. The lower level offers a versatile rec room with 16' wet bar, fourth bedroom, 3/4 bath, and a flex room (5th bedroom, ofc., gym ). You'll also find ample storage. Not to be overlooked is the tranquil backyard that offers year-round outdoor living with its stone fireplace for chilly evenings and built-in misting machine for summer nights- all in an excellent location, nestled between Robinson and Cranmer Parks.
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| Nov 23, 2024 | Relisted | $2,950,000 | |
| Relisted | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017