311 Elm Terrace
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 |
|---|---|---|---|
| May 4, 2010 | Sold | ||
| Sold | |||
| Mar 22, 2010 | Listed by RE/MAX Realty Pros | $299,900 | |
| Listed by RE/MAX Realty Pros | |||
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Contractors Home w/ Great Barn. At 50x24 feet, barn is perfect for hobbiest, collector, equestrian. Huge yard on dead end street. Well for sprinklers and gardens. Gorgeous Sun Room overlooks lawn and meadows. Home offers hardwood floors and built-ins, barnboard and beamed ceilings, multiple fireplaces and potential in-law. A beautiful West Mansfield ranch that is ready for the right buyer to move in. Come see.
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Address: 335 Madison Avenue, New York, NY 10017