3308 Elm Avenue
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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 |
|---|---|---|---|
| Aug 9, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | Listed by Illinois Real Estate Partners Inc | $399,000 | |
| Listed by Illinois Real Estate Partners Inc | |||
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Newly renovated 3 bedroom 2 bath beauty just steps from downtown Brookfield! Highly sought after for its outstanding schools and convenient location just blocks away from zoo, train, shopping, restaurants makes this one distinctive! NEW: Roof on house and garage, windows, drywall, plumbing, electrical, recessed led lighting, two 60-inch fireplaces, doors, cabinets, quartz countertops, trim, polished porcelain in kitchen, kitchen appliances (convection range with integrated air fryer oven), rainfall shower heads with sprayers in both bathrooms, bluetooth speaker fan, Ring doorbell, Nest thermostat, vinyl plank flooring in basement, composite decking in front porch and stairs, siding on garage, waterproofing, encapsulated crawl space, and much, much more! Tasteful Calacatta Statuario quartz on countertops and backsplash in kitchen! Large wet bar in basement with quartz countertops (Calacatta Carona)! Cultured design in bathrooms will impress you! Basement with desired exterior access! Garage has a 2nd level for storage! Remodel was performed by licensed contractors (who paid close attention to detail) and approved by Brookfield. Make it your HOME before its gone!! Seller is a licensed Real Estate broker in IL
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| Sep 27, 2022 | Sold | ||
| Sold | |||
| Aug 8, 2022 | Listed by Keller Williams Elite | $175,000 | |
| Listed by Keller Williams Elite | |||
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About Brookfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017