47 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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 18, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Price Decreased |
$1,750,000
↓ $100K
(5.4%) | |
| Price Decreased | |||
| Oct 31, 2024 | Listed by Coldwell Banker Realty - Hingham | $1,850,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
| | |||
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This one hits different with attention to detail and the highest quality. NEW BOUTIQUE RESTORATION in sought after Hingham Square on a large, level, and expandable corner lot! This architect designed, 3.5 BR, 2.5 BA home has been restored to the highest quality with no expense spared. The exterior has custom copper roof, gutters, and downspouts, with cedar siding and oversized Marvin windows to welcome the natural light. Walk to dinner at Square Cafe, or eat in your chef's kitchen with Sub Zero, gas Wolf range and direct venting. The first floor boasts a powder room, wet bar, mud room, office, den, and a large eat-in kitchen with rift-cut white oak cabinetry & quartz countertops. The upstairs primary suite has cathedral ceilings, generous closets, and an en-suite bath with oversize shower, Turkish tile and backlit mirror. XL laundry, 2 guest bedrooms, a guest bath, and 2 linen closets complete the 2nd floor. Detached one car garage with 180 SF studio; perfect for home gym or office.
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| Mar 15, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017