40368 Elm Brush Trail
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 |
|---|---|---|---|
| May 11, 2026 | Price Decreased |
$120,000
↓ $20K
(14.3%) | |
| Price Decreased | |||
| Feb 10, 2026 | Listed by Glenn D. Mitchel REALTORS | $140,000 | |
| Listed by Glenn D. Mitchel REALTORS | |||
| Jul 10, 2023 | No longer available | - | |
| No longer available | |||
| Jul 12, 2022 | Listed by American Dream Land & Estates, Inc. | $155,000 | |
| Listed by American Dream Land & Estates, Inc. | |||
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Gentle rolling 4.60 acres with airplane views from building pad area, property is fully fenced, has 18 GPM well, has power & phone, has a septic tank, has a travel trailer that seller will leave with the property, or would be perfect for custom/manufactured home with big valley views, parcel is with in the gates of Thomas Mountain Ranch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017