506 Elderberry Lane
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 |
|---|---|---|---|
| Jan 26, 2022 | Sold | ||
| Sold | |||
| Nov 29, 2021 | Listed by Realty Associates | $360,000 | |
| Listed by Realty Associates | |||
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Recently renovated all brick home on a prime cul-de-sac lot, with spectacular lake views.This pristine 1 story home has 3-4 bedrms & 2 baths.Primary bathrm recently renovated with new free standing soaking tub, pebble stone accent tiles, rain shower, frameless shower glass, carrara quarts vanity countertops.Recently renovated gourmet kitchen, painted cabinets with glass shelvings, new stainless steel vent out venthood, new drawer type microwave oven, new kitchen backsplash & corian countertops, island kitchen, all new stainless steel kitchen appliances, new LED flushed mount lightings, new chandeliers,new ceiling fans, new LED lightings in entire house. Upgraded fireplace, floor to ceiling tiles & cedar mantle. New carpet in all bedrooms, tiled in all other areas. Recently painted interior. HVAC 5 years old, water heater less than 1 yr old. Surround sound speakers in living room.Large covered patio, sprinkler system & much more! Seller will contribute 4K towards roof.
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About Pearland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017