4 Elaine Avenue
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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Listed by Coldwell Banker Realty - Waltham | $392,000 | |
| Listed by Coldwell Banker Realty - Waltham | |||
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Lovely Cape perched on a quiet dead-end street with easy access to the village. Large sunny living room with 3 ample bedrooms and full bathroom. Upstairs has a large bedroom or play/rec space. Roof added in 2010. Electrical updated in 2015. Cozy kitchen with tile backsplash and dining nook. All appliances convey. Mature landscaping & flat back yard situated on one-third acre. Full basement with work bench. Easy cosmetics and your creative ideas will refresh this home, which has been in the same family for over 60 years. Brick walkways plus flagstone & brick patio. Seasonal views of Summer Hill & majestic Assabet River Valley. Access to Assabet Rail Trail & National Park Service wildlife trails. Very close to downtown shopping, restaurants, grocery stores, movie theater, CVS, brewery, golf & all amenities. Quick walk to Erikson's Ice Cream. Moments to routes 62, 117, 27 & nearby to 2, 20, 495. Looking for a reasonable home in a growing town? Ideal for expanding family. Offers March 5.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017