3409 Elgin Street
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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by K & T Realty Group, Inc | $350,000 | |
| Listed by K & T Realty Group, Inc | |||
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This contemporary home offers modern living with all the conveniences needed for a comfortable lifestyle. Whether you're a first-time buyer or looking for a great investment property, this home is a perfect fit. Don't miss out on this incredible opportunity to own a home near the University of Houston. 3 beds, 2.5 bath single-family home, stainless-steel appliances, granite counters, new cabinets, stylish bathroom tiles, and laminate flooring. Primary bedroom with a balcony. Conveniently located near major highways, this home is less than 2 years old with blinds already in place. Furniture may be included on the sale also 360 camera surveillance system is staying with the home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017