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41 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 |
|---|---|---|---|
| Feb 28, 2018 | Sold | ||
| Sold | |||
| May 20, 2013 | Sold | ||
| Sold | |||
| Feb 22, 2013 | Listed by Coldwell Banker Residential Brokerage - Andover | $199,900 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
| Apr 8, 2011 | Listed by Coldwell Banker Residential Brokerage - Andover | $229,900 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
| Oct 27, 2010 | Listed by Coldwell Banker Residential Brokerage - Andover | $264,900 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
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Old style Cape with New style appeal! Come see this updated 2600 sq. ft., 3-Bdrm, 2.5 bath. Remodeled, bright and clean kitchen and bath, new windows, updated electric, newer heat and hot water and an energy saving wood stove make this a wise choice for any buyer. Large rooms on the main floor AND, there is even more space in finished lower level with sound studio design with central air and sound proofing (space could be used for anything…FR, in-law, office) You decide!
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