6302 Elm Avenue
About This Property
The light and bright living and dining rooms open directly to the backyard and pool, creating a seamless indoor-outdoor living experience. The centrally located kitchen provides the perfect opportunity to create an open floor plan that integrates the dining and living rooms, enhancing the flow between indoor and outdoor spaces. The home also has copper plumbing, a newer roof, water heater and furnace.
All bedrooms are generously sized with ample closets and ceiling fans. The primary suite includes its own bathroom for added convenience. This home is ideally located near freeways, restaurants, schools, and entertainment venues, making it a perfect choice for comfortable and convenient living. Don't let this opportunity slip by. Come make this your dream home!
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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 |
|---|---|---|---|
| Oct 28, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | No longer available | - | |
| No longer available | |||
| Oct 6, 2024 | Relisted | $849,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017