641 Elm St.
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 26, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | Listed by Keller Williams Realty | $579,000 | |
| Listed by Keller Williams Realty | |||
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This is it! Beautifully remodeled, 3-bedroom, 2-bathroom ranch with spectacular living space, an entertainer’s dream! Completely updated kitchen featuring granite countertops, stainless steel appliances, and timeless white subway tile backsplash. The adjacent dining room is perfect for gatherings and flows seamlessly to the bright, fire-placed living room. Down the hall, you’ll find a pantry closet, a full bathroom, and 3 sizeable bedrooms with custom closet systems. Hardwood floors, recessed lighting, fresh paint, and 2022 windows round out the main floor. The lower level boasts an oversized, carpeted family room, a second full bathroom, finished laundry area, and ample storage. All this plus a large, level yard offering extensive landscaping, oversized garden shed, and a custom-built 12x16 pavilion with concrete foundation. Convenient access to I-495 and Route 9, and minutes to shopping and dining on Route 20. Don’t miss this opportunity!
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| Mar 19, 2019 | Sold | ||
| Sold | |||
| Nov 14, 2018 | Listed by Keller Williams Realty | $397,500 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017