32 Elaine Road
About This Property
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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 |
|---|---|---|---|
| Sep 6, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $119,900 | |
| Listed | |||
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NEW, STATE APPROVED, 2 BEDROOM SEPTIC SYSTEM installed prior to a closing. Nicely updated cottage-style one level living, year-round home in Sunrise Lake Community. Newer siding, roof and heat just a 1 minute walk to the beach! Totally fenced in yard, two sheds. This property is just waiting for you. Summer or year-round enjoyment. Roomy living room/dining room with spacious galley kitchen. Large deck overlooking the back yard. Just move in! Call for details. Easy to show with 24 hour notice. The manager has listed the unit size as 888 square feet.
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| Jan 13, 2017 | Listed by Remax On The Move | $119,900 | |
| Listed by Remax On The Move | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017