74 ELSMERE Avenue
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 |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Mar 24, 2024 | In contract | - | |
| In contract | |||
| Mar 18, 2024 | Listed by McSharry & Assoc. Realty LLC | $399,900 | |
| Listed by McSharry & Assoc. Realty LLC | |||
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Bid deadline 3/23 5pm. Be prepared to be surprised when you walk into 74 Elsmere Avenue! Much larger than it appears, this spacious brick cape has been renovated from top to bottom with exacting attention to detail. The brand-new kitchen boasts abundant cabinet and counter space and all three bathrooms feature attractive tile work. With five bedrooms, there's lots of flexibility for how you use the space. Looking for single floor living? Need office space? Hoping for an extra sitting room? You can have it! Not only have all the cosmetic projects been tackled, the roof, windows, furnace and air conditioning are all new! Situated on a large fenced and sunny lot, with a two car garage, there's lots of opportunity to enjoy the outdoor space. All this is just a short walk to the Four Corners!
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| Apr 6, 2022 | Sold | ||
| Sold | |||
| Oct 21, 2021 | Listed by Gucciardo Real Estate LLC | $149,900 | |
| Listed by Gucciardo Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017