501 N 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 |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | Listed by Briggs Freeman Sotheby's Int'l | $350,000 | |
| Listed by Briggs Freeman Sotheby's Int'l | |||
| | |||
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Imagine this Tudor-style gem as your family home, an Airbnb, or a place for family retreats! Just equipped with 2 new HVAC units. The darling home constructed in 1935, showcases the enduring beauty of stone craftsmanship. Enhancing its charm, the home boasts a wrap-around porch, offering a delightful space to unwind. Original hardwood floors grace the interior adding timeless beauty. A stone fireplace is central as you enter the home. The redesigned kitchen is adorned with green cabinets that complement the home’s rustic appeal. A remarkable addition with a large fireplace serves as a great room. With its spacious design this room sets the stage for unforgettable gatherings and celebrations. Continuing outdoors, you'll find a sprawling covered patio, providing the perfect setting to imagine twinkling lights, the Texas breeze and outdoor entertainment. A unique blend of vintage appeal and modern functionality.
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| Jun 15, 2023 | Listed by Briggs Freeman Sotheby's Int'l | $370,000 | |
| Listed by Briggs Freeman Sotheby's Int'l | |||
| Jun 3, 2023 | No longer available | - | |
| No longer available | |||
| Mar 8, 2023 | Price Decreased |
$460,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017