621 ELM VALLEY DR
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 |
|---|---|---|---|
| Apr 1, 2023 | No longer available | - | |
| No longer available | |||
| Mar 17, 2023 | Listed by Keller Williams Heritage | $700,000 | |
| Listed by Keller Williams Heritage | |||
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Welcome to your very own paradise oasis! Situated on 5+ acres of land, this lovely 3 bedroom, 2.5 bathroom custom home is perfect for those who value privacy and tranquility. From the moment you enter through the electric gate and drive up the driveway, you'll feel a sense of peace and calm surrounded by oak trees. Step inside and you'll fall in love with the remodeled kitchen which boasts high-end appliances and top of the line finishes. The kitchen features stainless steel Z Line appliances, including a 6-burner gas range stove with a griddle, granite countertops, large sink, elegant backsplash, walk in pantry, and a wine fridge. The main living area features high ceilings, new flooring, Bose surround sound system, and plantation shutters. The open concept floor plan seamlessly connects the living, dining and kitchen areas, making it perfect for entertaining guests or spending quality time with family. If you love the outdoors, you'll fall in love with this property's sprawling 5+ acres of land, that is horse friendly, has it's own well, and has no HOA. The backyard features a covered back patio with a Keith Zars heated, beach entry pool. You also have an additional detached 2.5 car garage or workshop, in addition to the 3 car side entry garage, a shed, picnic area and plenty of open space. Located just minutes from shopping and dining, this home is the perfect combination of privacy and convenience. Don't miss out on this incredible opportunity to own your own piece of paradise! The manager has listed the unit size as 2650 square feet.
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| Oct 30, 2013 | Sold | ||
| Sold | |||
| Jul 19, 2013 | Listed by Amanda P. Herring | $439,900 | |
| Listed by Amanda P. Herring | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017