50 Elson Road
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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Coldwell Banker Realty - Weston | $712,000 | |
| Listed by Coldwell Banker Realty - Weston | |||
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Discover this updated 1920s Colonial nestled amidst landscaped grounds in the sought-after Highlands neighborhood. This elegant home features 9-foot ceilings, a bay window, built-ins, and classic period details throughout. The kitchen renovation exposed maple flooring, while adding modern amenities and preserving the original charm. The basement has been outfitted with a new sink, drainage pipes, and a redesigned concrete floor. The home has been made more energy efficient with new windows, a new Anderson storm and upgraded insulation. You can enjoy the peaceful backyard with its expansive deck, mature trees, and a brick patio. Conveniently located near restaurants, the riverwalk, and the commuter line, this 3-bedroom, 2-bathroom home offers a spacious walk-in closet in the master suite, updated bathrooms, and smart home features. A two-car garage provides ample parking. Don't miss this opportunity to own a beautifully renovated Colonial in the heart of the Highlands.
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| Aug 21, 2019 | Sold | ||
| Sold | |||
| Jul 9, 2019 | Listed by Coldwell Banker Realty - Weston | $599,000 | |
| Listed by Coldwell Banker Realty - Weston | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017