621 Elm Road
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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 |
|---|---|---|---|
| Nov 29, 2023 | Sold | ||
| Sold | |||
| Oct 19, 2023 | Listed by RE/MAX Prestige Realty/WPB | $375,000 | |
| Listed by RE/MAX Prestige Realty/WPB | |||
| Dec 8, 2017 | Sold | ||
| Sold | |||
| Sep 21, 2017 | Listed by RE/MAX Prestige Realty/WPB | $213,000 | |
| Listed by RE/MAX Prestige Realty/WPB | |||
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Recently renovated CBS, 3 bedroom home with huge detached CBS 2 car garage or workshop! The kitchen was completely remodeled approximately 8 months ago and all 3 bedrooms have newly installed wood laminate flooring. It also features a new tankless hot water heater, new privacy fence around the entire backyard with two side gates that allow you to pull a boat, cars or trailers into the back! Freshly painted inside and out! The living room, kitchen and hallway have ceramic tile laid diagonally! The 576 square foot detached garage has been wired for both 110 volts and 220 volts and has a 14' W x 7' H door as well as shop lights and a side entry door. It also features a washer/dryer hook-up and there is plenty of security lighting. You could easily add 2nd bath in garage! In addition to the huge, fenced yard, there is an additional 16' x 41' concrete driveway behind the fence that goes to the garage. There is also a separate 23' x 12' fenced area behind the garage. The garage door has been reinforced and there are storm panels for all windows. The roof is approximately 11 years old.
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| Jul 30, 2017 | Listed by RE/MAX Prestige Realty/WPB | $230,000 | |
| Listed by RE/MAX Prestige Realty/WPB | |||
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About Golfview Heights
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RE/MAX Prestige Realty/WPB
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10189486
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017