52 Elm 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 |
|---|---|---|---|
| Jun 12, 2026 | Price Decreased |
$169,900
↓ $10K
(5.6%) | |
| Price Decreased | |||
| Jul 8, 2025 | Sold | ||
| Sold | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Listed | $185,000 | |
| Listed | |||
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This lovely 24x60 double wide manufactured home with a large family room addition is located on one of the largest lots in Wales Brookside Village a 55+ community. Enjoy the quiet country setting and scenic views. Many recent updates have been done within the past few years including a nicely renovated enclosed porch with a new handicap accessible ramp, newer roof, subfloor and supports, heating system (including duct work), central air, hot water heater, electrical service panel and wiring, gutters, skirting, deck, roof and fence added over the oil tank. Great open floor plan with living room and dining room, kitchen with breakfast bar, 3 bedrooms and 2 full bathrooms, the main bedroom has a full bathroom and walk in closet, one of the bedrooms is currently being used as a laundry room. Buyers must be approved by the park. See attached documents for more details.
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| Apr 30, 2024 | Price Decreased |
$169,009
↓ $891
(0.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017