2900 Elm St
About This Property
HUGE front porch shaded by a large tree is perfect for relaxing. This home has three bedrooms on the main level. The basement has yet another living / flex space along with one conforming bedroom and two non-conforming bedrooms (3 total) in basement. Perfect for work from home or additional storage. Enjoy quiet evenings on the covered back patio overlooking green area and garden spaces. Detached 2 car garage, plus 2 additional parking spaces in front of garage. Centrally located, one block to Fairfax shops and restaurants, blocks from City Park, the Denver Zoo, and City Park Golf Course.
All information to be verified by Buyer.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017