40 Elmore Ave
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 27, 2018 | Sold | ||
| Sold | |||
| Jan 3, 2018 | Listed by Hampden Realty Center, LLC | $144,413 | |
| Listed by Hampden Realty Center, LLC | |||
| Dec 1, 2017 | Sold | ||
| Sold | |||
| Sep 8, 2017 | Listed by Hampden Realty Center, LLC | $89,900 | |
| Listed by Hampden Realty Center, LLC | |||
| Sep 20, 2010 | Listed by Coldwell Banker Residential Brokerage - Longmeadow | $127,900 | |
| Listed by Coldwell Banker Residential Brokerage - Longmeadow | |||
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This Cape style home is priced to offer you a MAXIMUM VALUE! Once you walk into this house, you'll feel at HOME! Living room has hardwood floors and "window" into kitchen. Spacious kitchen comes fully applianced and has access to fenced backyard. Updated bathroom and mostly replacement windows add to the value. If you like to entertain, the fenced yard, concrete patio, playscape and shed make it EASY! The interest rates are still low, so take advantage of the great opportunity before you!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017