5 Elmbrook Drive
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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, 2022 | Sold | ||
| Sold | |||
| Feb 18, 2022 | Listed by Summit Realty | $425,000 | |
| Listed by Summit Realty | |||
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Great location in Brookmeadow less than two miles away from Wimberly square. Beautifully updated home with open concept and large rooms. Spacious kitchen with glass cabinets and granite countertops and all Stainless steel appliances. Cute covered patio/sunroom and plenty of space in the backyard for gardening. Home is ideal for entertaining and on a highly desired corner lot. Make your appointment today it will not last long.
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| Sep 26, 2019 | No longer available | - | |
| No longer available | |||
| Jul 26, 2019 | Listed | $279,000 | |
| Listed | |||
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Great location in Brookmeadow within one mile of new primary school at Winters Mill Parkway and two miles to the Wimberley square. Home features an open living concept with a beautiful fireplace and a large master bedroom with unique landscaping,small greenhouse, rain collection for landscaping and a large screened-in patio. Outside painted last year, trees trimmed this year, HVAC installed 12/16. The manager has listed the unit size as 1829 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017