48 Elm St
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%.
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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 |
|---|---|---|---|
| Oct 4, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $469,900 | |
| Listed | |||
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Construction is now underway on this 2300+ square foot center door Colonial. Not your everyday box colonial, proven unique floor plan which offers a spacious eat in kitchen, formal dinning room, formal living room, family room, study, half bath and laundry on the first floor. 4 bedrooms including a master with walk in closest, master bathroom. Maple kitchen, granite counters, stainless steel appliances, wainscoting, French doors, hardwood throughout the first floor, and a gas fireplace are just some of the details this property will feature. Other lots and styles available.The manager has listed the unit size as 2360 square feet.
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| Apr 20, 2017 | Listed by Curtis & Colletta Realty Associates | $469,900 | |
| Listed by Curtis & Colletta Realty Associates | |||
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|
Construction is now underway on this 2300+ square foot center door Colonial. Not your everyday box colonial, proven unique floor plan which offers a spacious eat in kitchen, formal dinning room, formal living room, family room, study, half bath and laundry on the first floor. 4 bedrooms including a master with walk in closest, master bathroom. Maple kitchen, granite counters, stainless steel appliances, wainscoting, French doors, hardwood throughout the first floor, and a gas fireplace are just some of the details this property will feature. Other lots and styles available.
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| Apr 6, 2017 | Sold | ||
| Sold | |||
| Jan 27, 2017 | Listed by Keller Williams Realty - Merrimack | $95,000 | |
| Listed by Keller Williams Realty - Merrimack | |||
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Pretty, level 1.88 acre building lot ready with permits. Close to town center and easy access for commuting. This land abuts Keyes Farm Conservation Land and an extensive trail network. Approved septic design for 4 bedrooms. Order of Conditions and BOH permit in hand. Abuts 50 Elm Street, a 1.86 acre lot, also with permits. Lots available as pair or separately. See MLS# 72113164
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017