354 Elm Drive
About This Property
With 5 bedrooms and 3 bathrooms, there's plenty of space for everyone!
The private backyard offers a great space to relax or entertain. Conveniently located near the middle and high school, plus there's a school bus for Searingtown Elementary.
Other great features include:
Mid-block location, east-facing for great sunlight
Spacious living and dining areas with an open feel
Large lower-level den with lots of extra living space and a sliding door to the Patio
Brand-new heating, A/C, wood-burning fireplace, and Gas heat.
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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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | Listed by Realty Connect USA L I Inc | $1,325,000 | |
| Listed by Realty Connect USA L I Inc | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017