55-57 Elm Road
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 14, 2019 | Sold | ||
| Sold | |||
| May 15, 2015 | Sold | ||
| Sold | |||
| Dec 19, 2013 | Sold | ||
| Sold | |||
| Mar 14, 2013 | Listed by LAER Realty Partners | $349,900 | |
| Listed by LAER Realty Partners | |||
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Property on beautiful Nabnassett Lake nestled on over-sized secluded lot. Build your 3-4 bedroom dream home and enjoy this tranquil water front view year round. Alternatively, lots can accommodate 2 rebuilt homes/2 bedrooms each. Log cabin & cottage on property are complete tear down. Homes are being sold together and sold "as is". Seller makes no guarantees or warranties. Buyer to conduct all due diligence and permits at Buyer's expense
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017