72 Elm Street
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 27, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Lamacchia Realty, Inc. | $619,900 | |
| Listed by Lamacchia Realty, Inc. | |||
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Modern amenities and charm in this 2 bed, 1.5 bath home in the heart of Stoneham! This large, corner lot features a generously sized deck with an electric awning - ideal for outdoor dining, a patio area for lounging, and an oversized detached garage. This home is environmentally friendly with solar panels, an EV charger, and a Tesla Powerwall (home power backup!); all installed 2023. Inside, the main level welcomes you with a spacious living room & dining room (or den/office) w/ hardwood floors and flooded with natural light through large windows. The expansive eat-in-kitchen is equipped with ample cabinetry, stand-up freezer, and direct access to the deck. Off the kitchen is the pantry w/ half bath, washer/dryer, & xtra frig. Upstairs, you'll find two bedrooms and a full bathroom. The primary bedroom offers versatility w/ potential to be converted back into two separate bedrooms. Roof 2012 - metal chimney liner replaced 2016 due to cosmetic rust effect. See attached list of updates.
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| Jul 1, 2016 | Sold | ||
| Sold | |||
| Apr 27, 2016 | Listed by Lamacchia Realty, Inc. | $399,900 | |
| Listed by Lamacchia Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017