47 Eldridge
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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 |
|---|---|---|---|
| Jul 15, 2025 | Listed by Coldwell Banker LIFESTYLES - Hanover | $475,000 | |
| Listed by Coldwell Banker LIFESTYLES - Hanover | |||
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Sep 9, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Price Decreased |
$479,000
↓ $6K
(1.2%) | |
| Price Decreased | |||
| Aug 7, 2024 | Listed by KW Coastal and Lakes & Mountains Realty/Hanover | $485,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty/Hanover | |||
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This in city bungalow offers more than meets the eye. Tastefully appointed the home has a flow with open access to all rooms. Basically you can run circles inside chasing the pup, the tyke or your best buddy. What fun! Each room exudes comfort and warmth especially the sun porch complete with swing! The private back yard yearns for summer games or winter gatherings around your outdoor fire pit. What is amazing about this property is the opportunity it offers the owners. Although there is an attached 2 car garage to the house, there is also a separate 2 car garage on the low side of the property. This garage is versatile. Need room for toys? Check! Want to have an ample workshop? Check! Interested in talking to the town about turning this space into an Accessory Dwelling Unit or home based business venue? Why not! Walking distance from the Lebanon Green, the Rail Trail and most conveniences. It's a great location! Come visit by appointment or during the open house on Saturday, August 10 from 10am to 1pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017