4675 Elena Way
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 16, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| May 27, 2024 | Listed by Blue Marlin Real Estate | $429,000 | |
| Listed by Blue Marlin Real Estate | |||
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With over 3,000 square feet under air, this model is the largest offered in the low HOA community of Palmwood. 4 full bedrooms, 3 full bathrooms and a downstairs half bathroom, with a generous loft/flex room upstairs, and second en-suite with connecting bathroom. The kitchen is enormous and fully functional for entertaining, including wood cabinetry, double sinks, center island, huge pantry, and updated stainless steel appliances featuring a pro series natural gas stove. Outside the rear slider, the back porch is fully trussed, screened in, and even comes with a Saratoga hot tub! Other features include a 2023 roof on both the home and the porch, 2017/2024 AC units, recently sealed driveway and back porch, sprinklers on an artesian well, and fenced in back yard.
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| May 1, 2018 | Sold | ||
| Sold | |||
| Mar 5, 2018 | Listed by EXP Realty LLC | $235,000 | |
| Listed by EXP Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017