5805 Elder Drive
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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | Listed by EXP Realty LLC | $435,000 | |
| Listed by EXP Realty LLC | |||
| | |||
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Discover your dream home in the serene ambiance of West Palm Beach. This expansive ranch-style residence offers the ultimate in flexibility and privacy with no HOA constraints. Nestled on an oversized lot adorned with lush mango and lychee trees, this property features 4 bedrooms and 3 full bathrooms. Enjoy the versatility of a split floorplan or savvy investors can transform it into a duplex-style arrangement, complete with a private 1 bedroom and 1 bathroom suite with its own living space on the left side of the home. The spacious backyard provides ample room to add a pool, perfect for leisure and entertainment. Benefit from the peace of mind offered by impact-resistant windows throughout and a recently updated roof. Your ideal lifestyle awaits at this captivating sanctuary.
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| Feb 26, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2014 | Sold | ||
| Sold | |||
| Jul 17, 2014 | Sold | ||
| Sold | |||
Property Highlights
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About Forest Hill Village
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Currently no similar homes aroundNearby Rentals
$2,000 /mo
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017