405 Elm Drive
About This Property
Versatile layout with large room that could be primary (with closet) or second living or den area. secondary bedrooms are good size and dont miss the double closet in the second room.
Large lot with side driveway for additional parking leading to detached garage. Home is ready for Move in.. come see it today!
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Cap Rate Calculator
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 14, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jun 1, 2026 | Listed by Coldwell Banker Realty | $239,000 | |
| Listed by Coldwell Banker Realty | |||
| Aug 17, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by Coldwell Banker Apex, REALTORS | $125,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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So Much Potential! Investor Special needs a little bit of everything. Much of the work has been done, architectural shingles, updated electric panel, HVAC, vinyl siding and more. The lot is big and beautiful, the backyard is quite large and shaded by several nice trees. The floorplan is very spacious with good sized bedrooms and an ample kitchen. The original hardwood floors are just begging to be refinished. Bring your ideas and passion and make it a gem.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017