5008 Ella Boulevard
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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 |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Mar 3, 2024 | Listed by Martha Turner Sotheby's International Realty | $550,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Recently built single family home in a gated community. One of 13 properties within gated Ella Estates. Built by Loyd Russel Homes, LP. Numerous customized features made by the owner. Wide, open and flowing floorplan. A perfect location for an easy commute to Galleria, Downtown, Energy Corridor and many other destinations. Outdoor space in back is private and ideal location for summer kitchen. Strong HOA to maintain property values. This is a very easy lifestyle that fits many buyers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017