38 Elm Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 9, 2025 | Sold | ||
| Sold | |||
| Sep 8, 2025 | In contract | - | |
| In contract | |||
| Aug 24, 2025 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $189,900 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
| |||
|
OFFER DEADLINE 9/11. Victorian home with endless potential! This can be the Grand Dame of the neighborhood. You’ll find outstanding period details including wood floors, crown molding, high ceilings, & an elaborate carved stair banister. A walk-up attic, dedicated laundry room with sliders to the backyard and pool, and generous living spaces add to the appeal. The floor plan offers 4-5 bedrooms and 2 full baths, along with a solid, functioning basement. No power on, heating system unknown (appears newer). Sold as is; buyers responsible for utilities for inspections. The in-ground pool has no known condition but looks to have been professionally closed. Some PEX lines, appearance of thorough insulation added throughout attic and basement, and other updates hint at a home that was once well-loved and cared for. Make your appointment today to see this home. If ever there was a home with "potential" this is the one. Not to be missed if you're looking for a great investment. C
| |||
| Sep 18, 2012 | Sold | ||
| Sold | |||
| Jan 18, 2012 | Listed by McGeough Lamacchia Realty, Inc | $95,000 | |
| Listed by McGeough Lamacchia Realty, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017