6118 Elmgrove Road
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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%.
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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 |
|---|---|---|---|
| Jan 18, 2022 | Sold | ||
| Sold | |||
| Dec 11, 2021 | Listed by Bonnie Collins Group | $430,000 | |
| Listed by Bonnie Collins Group | |||
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Beautiful 2-story home in Northampton on a landscaped corner lot! Home features a 3 car garage, 5 bedrooms, 3 & a half bathrooms, & a whole-house generator. There is a home office/formal living room & formal dining room off the entryway. Kitchen boasts updated stainless steel appliances, double ovens, pull out pot/pan drawers, other pull out cupboards, a pantry, & is open to the breakfast nook w/ built in bench seating. Family room has a gaslog fireplace & opens up to the game room or guest/MIL suite. Gameroom area has a wet bar & connects to a bedroom w/ ensuite bathroom & walk-in closet (doorways wider than standard). Primary bedroom has ensuite bathroom w/ tub, separate walk-in shower, double sinks. Upstairs there are 3 additional bedrooms w/ full bathroom. LARGE backyard space has covered patio w/ fans, mosquito misting system, sprinkler system. Northampton has a community pool, pavilion, pond, walking trail, park, & tennis courts. Convenient location to TX-99. Zoned to Klein ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017