31 Elm Road #D
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%.
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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 |
|---|---|---|---|
| Jul 14, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2022 | Listed by Heritage & Main Real Estate Inc. | $345,000 | |
| Listed by Heritage & Main Real Estate Inc. | |||
| | |||
|
Don’t miss your opportunity to own this amazing 2300 square foot, 3 bedroom 3 full bath condo overlooking the parade fields. Quality like this is a rare find, with rock solid brick and steel beam construction, thick walls and hardwoods throughout. Large family room with access to gorgeous light filled sunroom used as an office area and exterior covered deck. In unit laundry room just off the family room, and another bedroom which has also been used as a home office. Down the hall is the fireplaced living room with gleaming hardwoods that carry into the large dining room. Upstairs both bedrooms feature their own full bath. In the lower level there are two garage stalls and a generous storage space which could also be finished for the perfect game room, home gym, etc. Property is within the Harvard School District. ***MASKS REQUESTED & SIGN IN REQUIRED***
| |||
| May 15, 2019 | Sold | ||
| Sold | |||
| Mar 6, 2019 | Listed by Coldwell Banker Realty - Arlington | $329,900 | |
| Listed by Coldwell Banker Realty - Arlington | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/02/2022
|
3 Bed
|
3 Bath
|
2320 ft²
|
$345,000
3 Bed
3 Bath
2320 ft²
|
$345,000
07/14/2022
|
Shana McKendall
Heritage & Main Real Estate Inc.
| |
|
03/06/2019
|
4 Bed
|
3 Bath
|
2320 ft²
|
$329,900
4 Bed
3 Bath
2320 ft²
|
$314,000
-4.82%
05/15/2019
|
Taylor Healey
Foster-Healey Real Estate
| |
|
03/15/2018
|
4 Bed
|
4 Bath
|
2320 ft²
|
$299,000
4 Bed
4 Bath
2320 ft²
|
$298,000
-0.33%
07/13/2018
|
Donna Greene
D. M. Greene Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017