4714 Broken Elm Drive
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 5, 2025 | Sold | ||
| Sold | |||
| Nov 11, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Price Decreased |
$210,000
↓ $5K
(2.3%) | |
| Price Decreased | |||
| Aug 28, 2025 | Price Decreased |
$215,000
↓ $5K
(2.3%) | |
| Price Decreased | |||
| Aug 16, 2025 | Listed by RE/MAX Integrity | $220,000 | |
| Listed by RE/MAX Integrity | |||
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Charming 1-story, 3-bedroom, 2-bath home with an open, light-filled layout and a versatile flex space ideal for an office, dining, or playroom. The spacious kitchen offers plenty of counter and cabinet space, plus a sunny dining area. Private primary suite includes a barn door leading to an updated bath with subway-tile shower. Secondary bedrooms are split for privacy and share a modern full bath. Enjoy the oversized screened-in patio for year-round outdoor living, overlooking a large fenced yard with deck and playset. Major updates include a new roof (2020) and new HVAC (2025). Conveniently located near highways, shopping, dining, and schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017