355 Ely Avenue
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 24, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | Listed by Ayre Real Estate Co, Inc. | $339,900 | |
| Listed by Ayre Real Estate Co, Inc. | |||
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Begin your next chapter in this tastefully, renovated ranch home in a highly sought after neighborhood in West Springfield. This sun filled home is situated on .47 acre lot on a dead end street with an expansive backyard that has endless possibilities. This home boasts a brand new eat in kitchen with beautiful granite countertops, stainless steel appliances, custom chair rail and pantry closet. The beautiful cabinetry and granite continues into the fully renovated full bathroom. Many new energy efficient windows (2024), furnace (2024), water heater(2024) and central air (2024) will keep you comfortable in all seasons. Crisp clean paint, new baseboards and flooring all add to this homes appeal. Charming front porch and enclosed back porch along with a one car garage make this home a complete haven. Showings to begin at open house this Saturday, June 1, 12-2. Schedule your appt today! Highest and Best Sunday 6-2-24 8pm
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| Dec 22, 2023 | Sold | ||
| Sold | |||
| Nov 8, 2023 | In contract | - | |
| In contract | |||
| Nov 2, 2023 | Listed by Ayre Real Estate Co, Inc. | $220,000 | |
| Listed by Ayre Real Estate Co, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017