344 Elm St
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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by Peter San Nicolas, Broker | $899,990 | |
| Listed by Peter San Nicolas, Broker | |||
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Stunning 4 Bedroom Home in Ramona on a Spacious Lot This beautiful home located at 344 Elm St. in Ramona offers a spacious and inviting living environment. With 2,067 square feet of living space, 4 bedrooms, and 2 bathrooms, this property is perfect for families or those who enjoy ample room. Guest rooms and master are spacious. Key Features: Generous Lot Size: The home sits on a completely usable 1.15-acre lot, providing ample space for outdoor activities, gardening, or simply enjoying the peace and quiet. Could be a perfect equestrian lovers dream lot or start living off the land with your own personal garden or plant vines and be a part the ever growing San Diego wine country. Yard is a blank canvas ready for you to design your dream oasis. Updated Kitchen: The updated kitchen boasts modern features and finishes, making it a joy to cook and entertain in. Enormous Laundry Room: No more laundry woes! This home features a large and functional laundry room, making laundry day a breeze. Open Floor Plan: The open and flowing floor plan creates a sense of spaciousness and allows for easy movement throughout the home, entertaining and gatherings. Luxurious Touches: Solid surface counters throughout the home add a touch of elegance and ease of maintenance. Upgraded real wood laminate floors provide warmth and beauty. Bonus, paid for solar, water softener, smart features (front door lock, thermastat and fridge) beautiful wood burning fire place! Don't miss out on this opportunity to own a piece of paradise in Ramona!
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| Nov 25, 2016 | Sold | ||
| Sold | |||
| Oct 7, 2016 | Listed by ReMax Direct | $522,900 | |
| Listed by ReMax Direct | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017