42
Map
405 Elevation 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%.
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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 |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$435,000
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by Coldwell Banker Realty - The Woodlands | $450,000 | |
| Listed by Coldwell Banker Realty - The Woodlands | |||
| Dec 27, 2021 | Sold | ||
| Sold | |||
| Apr 7, 2021 | Listed by Perry Development Management | $429,900 | |
| Listed by Perry Development Management | |||
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PERRY HOMES NEW CONSTRUCTION - Extended entry with 12-foot coffered ceiling leads past formal dining room to open family room, kitchen and morning area. Family room features wall of windows. Kitchen features generous island with built-in seating space. Primary suite includes bedroom with wall of windows. Dual vanities, garden tub, separate glass-enclosed shower and oversized walk-in closet in primary bath. Secondary bedrooms feature walk-in closets. Two-car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017