406 Elm Street
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 |
|---|---|---|---|
| Aug 1, 2022 | Sold | ||
| Sold | |||
| Jan 18, 2022 | Listed by RE/MAX Professionals | $179,000 | |
| Listed by RE/MAX Professionals | |||
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YOU'LL LOVE ITS STYLE So many unique features in this home you will surely be able to picture yourself here. This three bedroom one and a half bath home features a very large living room, formal dining and storage for days! You will love the outdoor space and quiet neighborhood centrally located, close to shops and restaurants. Fun fact about this beauty, when this home was built if was featured in Better Homes and Gardens magazine. Be sure to schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017