4062 Ely Avenue
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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 |
|---|---|---|---|
| Mar 19, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 12, 2023 | Listed by RE/MAX Distinguished Hms.&Prop | $679,000 | |
| Listed by RE/MAX Distinguished Hms.&Prop | |||
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Welcome to 4062 Ely Ave in the heart of the Wakefield section of The Bronx. Rare Find! This immaculate Semi attached 1 family home features a very spacious Walkout Basement unit with private front & rear access, setup as a potential 1Bedroom unit. The home has been totaling renovated with high end luxury finishes. New electrical, New plumbing and upgrades throughout the house. Main floor offers a grand foyer, oversized living room & dining room that flows into the spacious kitchen that features stainless steel appliances, Quartz counter top, custom built white cabinets, access that flows into the grand sized deck with great space to BBQ & entertain. Beautiful new hardwood floors throughout. Total of 4 Bedrooms & 2.5 Baths. Parking for 2-3 cars. Solid brick house. The walkout basement unit has also been fully renovated with beautiful marble look tiles throughout, kitchenette, full bath, laundry room, 1 Large Bedroom, tall ceilings, private rear and front access.
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| Nov 13, 2023 | Listed by RE/MAX Distinguished Hms.&Prop | $699,000 | |
| Listed by RE/MAX Distinguished Hms.&Prop | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017