4959 Elgin Street
About This Property
REALTORS BRING YOUR UNQUALIFIED BUYERS! No credit or bank loans needed.
This home is a great choice for first-time home buyers who are looking for a property with potential! Located in an up-and-coming neighborhood with plenty of new builds around, this property offers a lot of promise.
Featuring 3 bedrooms, 1 bathroom, and a backyard storage! This home has everything you need to live comfortably. The huge backyard is perfect for outdoor activities and provides ample space for entertaining. The lot size is approximately .26 of an acre, giving you plenty of room to stretch out and enjoy. Take advantage of this opportunity to own a property with great potential! Survey Available!- Sold As-Is
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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 |
|---|---|---|---|
| Jun 7, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2023 | Listed by DHS Realty | $185,500 | |
| Listed by DHS Realty | |||
| Sep 18, 2022 | No longer available | - | |
| No longer available | |||
| Sep 11, 2022 | Listed by JPAR Arlington | $184,999 | |
| Listed by JPAR Arlington | |||
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Perfect home for first-time home buyers or investors. This home has a ton of potential to make this your GEM by adding some TLC. Home is located in an upcoming neighborhood surrounded by new builds. Home offers 3 bedrooms and 1 bathroom with HUGE BACK YARD. Lot is close to .26 of an acre.
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Property Highlights
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About Historic Stop Six
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Currently no similar homes aroundNearby Rentals
$1,900 /mo
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$2,000 /mo
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20306112
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017