5 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 16, 2019 | Sold | ||
| Sold | |||
| Nov 1, 2019 | Listed by RE/MAX Revolution | $380,000 | |
| Listed by RE/MAX Revolution | |||
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Walk up from your brick paver into a headache free home! Nothing to do but unpack! Everything New for 2018 - Roof, Siding, HVAC, Hot Water Heater, 200 amp Electrical & Wiring, Plumbing, French Drain, LED Lighting, Insulation, Windows & Sliders, Solid Wood Doors & more! Enter into gleaming hardwood floors, vaulted ceiling adds bright and airy. Beautiful redone kitchen with Quartz countertops Farm Sink, Soft Close Cabinets, Stainless Appliances. Full finished basement adds aprox. another 800 sq ft of living space with bamboo cork floor - perfect for den, or lounging. Laundry next to master bedroom. Truly a home great for everyone - close to all major commuter roads & hospital
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| Mar 22, 2019 | Sold | ||
| Sold | |||
| Dec 12, 2018 | Listed by RE/MAX Synergy | $399,000 | |
| Listed by RE/MAX Synergy | |||
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Nothing to do but unpack! Perfect for first time home buyers, downsizing or condo alternative, It is Beautiful! Kitchen has Quartz Countertops, Farm Sink, 42'' Soft Close Cabinets, Stainless Frigidaire Appliances. Everything New: Roof, Siding, HVAC, Hot Water Heater, 200 amp Electrical & Wiring, Plumbing, French Drain, LED Lighting, Insulation, Windows & Sliders, Solid Wood Doors, 5'' Base Moldings, Cable Ready. Full finished basement adds aprox. another 800 sq ft of living space. Laundry on main level. Hardwood flooring 1st level, Bamboo Cork floor in basement. New Landscaping, Sod, Brick Paver Walkway.
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| May 8, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017