5 Elm Street
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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by Howard Hanna | $224,000 | |
| Listed by Howard Hanna | |||
Property Highlights
5 Elm Street
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/19/2024
| |
2 Bed
|
1 Bath
|
-
|
$224,000
2 Bed
1 Bath
|
$240,000
+7.14%
06/24/2024
|
-
|
Jolene Morris
Howard Hanna
|
Building Info
About Nassau
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Howard Hanna
Last Updated: 11 months ago
Data Source: Global MLS , MLS# 202415532
