53 Elm Place
About This Property
Enter into a perfectly maintained home, showcasing original floors, doors, wood trim and stairways, refinished, along with pocket doors to complete the look. This home offers 4/5 bedrooms, 2.5 baths, 1st fl laundry, a fully finished basement and attic.. perfect for home office/schooling.. While the interior is lovingly cared for, the home has been updated in all aspects, including all updated wiring, water pipes, HVAC duct work and more.. The backyard is one of the deepest lots around, perfect to turn into your own oasis. This is a hidden gem, much larger than it appears, and is a home not to be missed!
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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 |
|---|---|---|---|
| Nov 20, 2020 | Sold | ||
| Sold | |||
| Aug 21, 2020 | Listed by Resources Real Estate | $669,000 | |
| Listed by Resources Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017