3818 Ella Boulevard
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 |
|---|---|---|---|
| Dec 31, 2020 | Sold | ||
| Sold | |||
| Sep 18, 2020 | Listed by The Moore Real Estate Group | $350,000 | |
| Listed by The Moore Real Estate Group | |||
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Comfortably situated on the northeast corner of Ella and Wakefield, this 11,000+ square foot corner lot is ready for new development! The lot is located in the heart of Oak Forest/Garden Oaks and is zoned to award winning Garden Oak Elementary and Black Middle schools. The previous home faced Ella; your new dream home could be built to face Wakefield. Walking distance to many local restaurants and a short bike ride to several surrounding parks, you have so many possibilities within reach. Call today to inquire!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017