360 Elm Ave
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 12, 2024 | Sold | ||
| Sold | |||
| Jun 22, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by Go To Real Estate | $395,000 | |
| Listed by Go To Real Estate | |||
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This property features solid fundamentals with several updates already completed. The upper level needs new flooring and a fresh coat of paint. The house boasts brand new windows, a three-year-old roof, updated hot water heating, a gas stove, dishwasher, refrigerator, washer, dryer, and a spacious deck ideal for barbecues. It also includes two standard sheds and a large two-story workshop. The metal siding is a standout feature, free from cracks or chips; it only requires power washing to restore its new appearance. Gutter Guards have been installed as well. The property offers a large, curved yard with plenty of room for a garage addition and features a sizable 3-car driveway and off-street parking. Conveniently situated near Colorado Park, various restaurants, a movie theater, and within walking distance to trails along the Platte River, and close to Ken Mitchell Park known for fishing, this home is competitively priced and ready for sale in an AS-IS condition.
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| Dec 4, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017