4 Elaine Rd
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Fitzgerald & Associates | $709,900 | |
| Listed by Fitzgerald & Associates | |||
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Location!!! In the desirable Robin Hood district is this multi-level home loved by its previous owner for decades! You know the house that has a great yard, on a terrific street that was very well maintained? Well, this is it! The kitchen has maple cabinets, granite counters and black appliances. Formal living room has a fireplace and is open to the dining room. Hardwood floors through the main house. Off the dining room is a large deck overlooking the yard - which is a great size!! Lower level family room has door that leads to the back yard. 3/4 bath on the same level. Newer hot water tank (2022). Large level fenced in yard for your fur baby. Storage shed in the yard for lawn equipment. One car garage. The neighborhood is picture perfect! Minutes from the favorite Robin Hood Elementary and Stoneham has a brand new high school!! All this and close to Routes 28/95/93. Won't last!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017