366 Elm St
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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 27, 2025 | Relisted | $2,200,000 | |
| Relisted | |||
| Feb 18, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Listed by Kentwood Real Estate DTC, LLC | $2,200,000 | |
| Listed by Kentwood Real Estate DTC, LLC | |||
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This quintessential, traditional brick 2-story on an interior site within the highly sought-after neighborhood of Hilltop is a true gem! It has been meticulously maintained & exquisitely updated throughout. Over $275,000 was spent on improvements over the last 4 years. From the tree-lined streets to the neighborhood-friendly sidewalks, you know that your dream home awaits as you approach the front door. The main floor flows seamlessly from one room to the next with lots of natural light & beautiful hardwood floors. Lighting has been tastefully updated throughout the home & provides the finished look expected in this price range. The kitchen has beautiful white cabinets, a center island & has been recently updated with quartz countertops, a fire clay sink, a new faucet, a Bosch dishwasher & cooktop & new tile backsplash. Recent family room improvements include 9' custom built-in bookshelves & a cast stone mantel that are exquisite. Upstairs, the owner's bedroom & bathroom have undergone a complete remodel that was just finished. From the large format porcelain tile to the heated floors to the custom vanity to the soaker tub & walk-in shower, no expense was spared. The owner's suite is fabulous! Recent updates to the secondary bathroom include reeded wood vanity, quartz countertop, soaker tub & heated floors. The 2 secondary bedrooms have great volume & the window seat is precious. Downstairs, the basement was completely finished in 2021 & offers the same quality of finish as the upper levels. There are 2 additional bedrooms. The ensuite bathroom provides the "wow" factor with its marble tile oversized rain shower. The media room with fireplace & full wet bar area is perfect for entertaining. The gym has a glass partition to make the space more integrated. Don't miss the nicely sized, flat, and very private backyard with a lovely patio, pergola & beautiful landscaping & no alley behind! Proximity to Robinson Park & the Denver Tennis Club make this location a winner!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017