29419 Elder Lane
About This Property
As you enter, you'll notice the low-maintenance front yard, perfect for those who prefer easy upkeep. The open floor plan creates a spacious and inviting atmosphere, ideal for both entertaining and everyday living. The kitchen boasts stainless steel appliances and upgraded white cabinets, providing a sleek and contemporary look. Vinyl flooring throughout the home adds a touch of elegance and durability.
One of the four bedrooms is conveniently located on the main floor, making it ideal for guests or as a home office. The remaining bedrooms are upstairs, offering privacy and comfort for the entire family.
Step outside to the patio area, where you can enjoy outdoor dining or simply relax. The home also features leased solar panels, offering energy efficiency and potential cost savings.
Situated within walking distance to the community pool, this home provides the perfect blend of comfort, style, and convenience. Don't miss the opportunity to make 29419 Elder Lane your new home in the vibrant Summerly community.
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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 |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | Listed by Oscar Tortola Group Real Estate Services | $575,000 | |
| Listed by Oscar Tortola Group Real Estate Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017