3783 Elma Road
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 |
|---|---|---|---|
| May 13, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | Listed by Christie's International Real Estate SoCal | $2,250,000 | |
| Listed by Christie's International Real Estate SoCal | |||
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Listed by YOUR HOME SOLD GUARANTEED RLTY | $1,350,000 | |
| Listed by YOUR HOME SOLD GUARANTEED RLTY | |||
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Welcome to a unique investment opportunity in a prime location! This charming home, brimming with potential, is ready for its next chapter and offers the perfect canvas for your creativity. This property is an ideal choice for savvy investors and DIY enthusiasts alike.
With ample square footage and a versatile layout, this home provides plenty of room to transform into your dream residence or a lucrative rental property. The home is ready for a makeover, allowing you to design and renovate according to your vision. Whether you're looking to modernize the interiors or reimagine the outdoor space, the possibilities are endless. With the right upgrades, this property has potential to significantly increase in value.
Ideal for those looking to flip, rent, or even create a unique, personalized home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017