59 Elm Hill
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 |
|---|---|---|---|
| Dec 22, 2023 | Sold | ||
| Sold | |||
| Nov 1, 2023 | Listed by Highland Realty | $199,900 | |
| Listed by Highland Realty | |||
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Lovely Arts & Crafts home in a well-established neighborhood. Walk to schools, restaurants, theater and shops. This home has so much to offer. A lot of the charm of the Arts & Craft period have been left in place - the natural woodwork, hardwood floors, built ins. Some updates have been completed as well - the first-floor bath but not the Cinderella tub! New tile floor in the kitchen. Furnace is two years old as is the hot water heater and oil tank. The whole house has been completely insulated as well to keep you warm and cozy. Large open living/dining room combination, two bedrooms and a full bath complete the first floor. The second floor can be your primary oasis with two adjoining rooms and a 3/4 bath. Showings start at the open house Saturday 11/4 from 11-1. At this price point and eligible for all types of financing.... do not wait or it will be too late!
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| Mar 15, 2021 | Sold | ||
| Sold | |||
| Aug 24, 2020 | Listed by Buffum Realty | $119,900 | |
| Listed by Buffum Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017