62 W. Elm Street
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 23, 2015 | Sold | ||
| Sold | |||
| Mar 13, 2015 | Listed by Compass | $179,900 | |
| Listed by Compass | |||
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Welcome in to your new home. This ranch is ready for you to move in. The recently updated kitchen is bright and beautiful with a handy pantry. The kitchen is a great place to eat everyday, yet you can have dinner in your dining room whenever you choose. You will feel right at home as you cozy up to your fireplace in the spacious living room. Three good sized bedrooms for you and your family await you on almost an acre of land. Enjoy quiet living at a great commuter location. And did I mention BrandNew3 bedroom septic is being installed at owner's expense!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017