361 Elm Lane
About This Property
The kitchen has been completely renovated with brand new appliances and luxury vinyl plank flooring, making it ideal for everyday living and entertaining. Recent upgrades include a new roof, new pool liner, and stylish new finishes throughout.
Step outside to your private retreat featuring an in-ground pool, a convenient cooking station, and a storage shed-perfect for summer gatherings and outdoor fun. Located just minutes from the beaches and the bay, this home truly has it all!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 5, 2025 | Sold | ||
| Sold | |||
| Oct 1, 2025 | In contract | - | |
| In contract | |||
| Sep 6, 2025 | Relisted | $599,990 | |
| Relisted | |||
| Aug 10, 2025 | In contract | - | |
| In contract | |||
| Jul 26, 2025 | Listed by Keller Williams Preferred Properties,Ship Bottom | $599,990 | |
| Listed by Keller Williams Preferred Properties,Ship Bottom | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017