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4027 ELY PLACE SE
About This Property
create a home of their own. Single Family home with accessory dwelling unit under
construction. The property is being sold in AS-IS condition and is in need of updating and
repairs throughout. Needs work but opportunity is endless. Seller never occupied the
property , therefore cannot guarantee accuracy in this listing. Buyer and agent must do
their own due diligence. With approximately 1,335 finished square feet, 4 bedrooms, and
generous lot, located in the far Northeast community. Seller will make no repairs.
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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 |
|---|---|---|---|
| Aug 28, 2026 | Listed by Hawkins Real Estate Company | $925,000 | |
| Listed by Hawkins Real Estate Company | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017