53 Elm St
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 9, 2008 | Sold | ||
| Sold | |||
| May 27, 2007 | Listed by RE/MAX Advantage Real Estate | $540,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
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Gracious country federal beautifully set on a knoll. Beautifully renovated in 2004, and impeccably maintained since, this gem is filled with period detail, such as indian shutters, wainscotting, exposed beams, wide pine floors, and 5 fireplaces, most rebuilt. Numerous updates include kitchen with stainless appliances,baths, heating, electrical, windows, exterior clapboards and roofing. All on two acres on one of Georgetown's finest historic streets.
| |||
| Jul 2, 2004 | Sold | ||
| Sold | |||
| May 23, 2004 | Listed by RE/MAX Advantage Real Estate | $542,500 | |
| Listed by RE/MAX Advantage Real Estate | |||
| Nov 13, 2003 | Sold | ||
| Sold | |||
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