1
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41 Ellis Drive
About This Property
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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 |
|---|---|---|---|
| May 15, 2008 | Sold | ||
| Sold | |||
| Jan 22, 2008 | Listed by Silver Real Estate | $259,000 | |
| Listed by Silver Real Estate | |||
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ENJOY ONE LEVEL LIVING IN THIS CUSTOM BUILT ONE OWNER RANCH IN THE SALISBURY ST AREA. FEATURES INCLUDE SPACIOUS LVRM W/FRPL.OPEN DR,BRIGHT EAT-IN KIT, 3 NICE SIZED BEDRMS, 1ST FLR LAUNDRY, HARDWD FLRS, CENTRAL A/C, ALARM SYSTEM, LOTS OF STORAGE, AND PARTIALLY FINISHED WALK-OUT LOWER LEVEL. IN ADDITION, THERE IS A SUNNY 3 SEASON PORCH WITH BUILT-IN GAS GRILLE AND A HUGE DECK ON A LOVELY LANDSCAPED YARD WITH SPRINKLER SYSTEM, RECENT ROOF AND SIDING TO COMPLETE THIS QUALITY HOME.
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| Oct 31, 1991 | Sold | ||
| Sold | |||
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