2897 Kelly Drive
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 |
|---|---|---|---|
| Jan 23, 2024 | Sold | ||
| Sold | |||
| Nov 18, 2023 | No longer available | - | |
| No longer available | |||
| Nov 16, 2023 | Listed by HOMESMART Connect LLC | $525,000 | |
| Listed by HOMESMART Connect LLC | |||
| Aug 31, 2023 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Aug 9, 2023 | Listed by HomeSmart Connect Real Estate | $550,000 | |
| Listed by HomeSmart Connect Real Estate | |||
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Beautifully maintained home with an AMAZING floor plan in the coveted Waterford Subdivision of Elgin with District 301 Schools. Premium Lot so home has no neighbor on either side or behind, it backs to the pond and nature preserve (fencing allowed if you wish). Open floor plan, with vaulted ceilings, gorgeous, bright views throughout this neutral home, gleaming hardwood floors in front hall, family room and kitchen. BRAND NEW carpeting throughout rest of home. Second floor Primary bedroom has tray ceiling, HUGE walk-in closet with 2 separate sides, bath with 2 separate vanity areas, jet tub, separate bathroom, and separate shower. Additional 2 generously sized bedrooms and loft area (potential for 5th bedroom). Main floor has bedroom #4 that can just as easily be used as an office, Living room, separate Dining Room, Eat-in kitchen, large Family Room and separate Bonus Room. Remote Control Bali blinds in Family Room, Kitchen and Bonus Room. Zoned heating & cooling, Furnace & A/C recently cleaned and serviced. 3900 square feet of living space just on main and second floor. Basement is deep pour, roughed in for a bath and ready for finishing into an additional 1265 sq. ft. of extra living space, in addition there is finished crawl space for all of your storage needs. PREMIUM HOME WARRANTY included with home purchase! Home is in great condition but being sold "As Is". Waterford Amenities include, clubhouse, pool, tennis courts. Walking paths, parks and nature abound! If you love golf, Elgin Country Club is minutes away. Easy access to Randal Corridor, expressways, restaurants and shopping. Don't miss out on this amazing opportunity! The manager has listed the unit size as 3901 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017