6706 Elmscott Drive
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%.
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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 |
|---|---|---|---|
| May 14, 2021 | Sold | ||
| Sold | |||
| Apr 15, 2021 | Listed by Maven Real Estate Group | $258,000 | |
| Listed by Maven Real Estate Group | |||
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Conveniently located neo-traditional red brick, one-story home located right off Beltway 8 and Fairmont Pkwy in the highly desired Village Grove subdivision. This home offers 3-bed x 2 baths plus a versatile 4th room with glass-paned, French doors and built-in cabinets right off the main living room; would make a great office or playroom. Throughout the home, you will notice new carpet, wood flooring, and custom ceramic tile in the foyers, a large living room w/ vaulted ceilings, light-filled dining room with built-in cabinets, a breakfast nook, two secondary bedrooms, and a primary bedroom with bathroom en suite. This move-in ready home boasts a new water heater (2020), new stainless range and garbage disposal (2021), painted walls throughout, plantation shutters, upgraded electrical, new backyard fence & epoxy showroom garage floor. To compliment this lovely home, you will be able to enjoy the community pool, park, nature trails, and elementary school that is within walking distance.
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Property Highlights
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About Village Grove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017