31 Ely Drive
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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 |
|---|---|---|---|
| Sep 11, 2023 | Sold | ||
| Sold | |||
| Jun 25, 2023 | In contract | - | |
| In contract | |||
| Jun 22, 2023 | Listed by Move Real Estate | $279,900 | |
| Listed by Move Real Estate | |||
| Mar 15, 2019 | Sold | ||
| Sold | |||
| Nov 17, 2018 | Listed by Berkshire Hathaway CNY Realty | $194,000 | |
| Listed by Berkshire Hathaway CNY Realty | |||
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This house is a must see...located in the perfect area with access to all of your shopping needs and on the bus line. The neighborhood is private and has some of the most charming houses in the area. Updated kitchen, stately living room, cozy den, and much more!! Dining room chandelier DOES NOT convey.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017