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Lot 5 Elderberry Way
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 |
|---|---|---|---|
| Mar 28, 2006 | Sold | ||
| Sold | |||
| Sep 29, 2005 | Listed by A Better Way Realty, Inc. | $859,900 | |
| Listed by A Better Way Realty, Inc. | |||
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Elderberry Way-12 homes on cul-de-sac with open space surrounding the lots. Three new homes under construction by Bentley Building Corp. This home features formal dining room, living room/ wo bay, spacious kitchen with oversized pantry, mudroom with separate entry door and access to bath. Master suite tray ceiling and sitting room, whirlpool bath, and ample closets. Exterior features an attached barn look for the garage with cupola. Room sizes are subject to change during framing.
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| Aug 27, 2001 | Sold | ||
| Sold | |||
| May 15, 2001 | Listed | $679,900 | |
| Listed | |||
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Address: 335 Madison Avenue, New York, NY 10017