39400 Elna Way
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 |
|---|---|---|---|
| Oct 30, 2020 | Sold | ||
| Sold | |||
| Jun 11, 2020 | Listed by RE/MAX Consultants | $540,000 | |
| Listed by RE/MAX Consultants | |||
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Here is a fantastic listing at the top of the Cathedral City Cove. Situated on nearly a half (.43) acre, this home has room to roam. You are greeted by the circular driveway and mature landscaping, which lend a stately feel to this home. Inside, there are 3 large bedrooms and 3 total bathrooms. The kitchen is adjacent to the living and dining rooms, which with a bit of work, would make a dynamite open floorplan. Out back, the oversized patio leads to a sparkling pool and spa. Stunning valley floor and mountain views are from nearly every vantage point of the back yard. There is a lower tier of the lot, which would make a fantastic entertainment area, or large garden. The possibilities are endless. Schedule your private tour today. Please note, all COVID recommendations are being followed by the sellers...face masks are requested when viewing.
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Property Highlights
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About Cathedral Canyon
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Currently no similar homes aroundNearby Rentals
$1,595 /mo
- 1 Bed
- 1 Bath
- 600 ft²
$1,595 /mo
- 1 Bed
- 1 Bath
- 600 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017