405 Elm Street
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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 |
|---|---|---|---|
| Dec 11, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 17, 2024 | Listed by Integrated Real Estate Ser LLC | $180,000 | |
| Listed by Integrated Real Estate Ser LLC | |||
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Welcome to this beautifully updated 3-bedroom home, nestled in a charming neighborhood. This residence features a freshly painted interior throughout, creating a bright and welcoming atmosphere. The property is fully fenced, offering privacy and security, and includes a convenient 1-car garage. The roof was replaced in 2019 and the furnace was updated in 2021, ensuring peace of mind with recent major upgrades. Don’t miss out on the opportunity to make this lovely house your new home!
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| Dec 4, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $79,900 | |
| Listed | |||
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Beautifully remodeled 3 bedroom contemporary home with an open airy floor plan! Step into the 2 story foyer and great living room with cathedral ceilings. Brand new ceramic tile flooring, carpeting and paint throughout! Large eat in kitchen with stainless steel appliances and attached dining area with access to the backyard! Second floor features 3 nice sized bedrooms with plenty of closet space and a full bath. Full basement and attached garage, great for storage! Don't miss out, come take a look! The manager has listed the unit size as 1400 square feet.
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Data Source: NYSAMLSs, MLS# S1565744
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017