35 Elmcrest Cir
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 |
|---|---|---|---|
| Jun 6, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by LAER Realty Partners | $1,425,000 | |
| Listed by LAER Realty Partners | |||
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Welcome to your new home in Melrose! This 1950's single-family ranch is a rare home nestled in the premiere Bellevue neighborhood. Featuring 3 bedrooms, 3.5 bathrooms, and abundant potential for expansion, this property offers both allure and modern convenience. With classic mid-century design elements, this home exudes warmth and character throughout. From the inviting living spaces to the cozy bedrooms, every corner reflects a sense of comfort and style. The basement presents an opportunity for customization, allowing you to create additional living space tailored to your needs. Step outside to discover a spacious backyard, perfect for outdoor activities and entertaining. Whether you're hosting gatherings or simply enjoying some relaxation, this backyard offers endless possibilities. Enjoy the tranquility of a cul-de-sac setting while being just moments away from Melrose's amenities. With the Bellevue Golf Course nearby, leisure and recreation are always within reach.
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| Jul 31, 2014 | Sold | ||
| Sold | |||
| May 29, 2014 | Listed by LAER Realty Partners | $899,900 | |
| Listed by LAER Realty Partners | |||
| Mar 17, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017