741 ELMHURST PL
About This Property
741 Elmhurst is designed with practicality in mind, featuring a 1-car garage with direct access to the house, a newer 25 x14 deck for entertaining , and a large unfinished basement offering endless possibilities for customization. The private backyard is a serene retreat, perfect for relaxation and outdoor activities. Its location adds to its appeal, being conveniently close to Rowan University and major highways, providing easy access to education, commuting, and leisure.
This home is a perfect blend of comfort, convenience, and potential. Don't miss the opportunity to make 741 Elmhurst your new haven. Schedule a viewing today and take the first step towards calling this inviting property your own.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 26, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Listed by Your Home Sold Guaranteed, Nancy Kowalik Group | $350,000 | |
| Listed by Your Home Sold Guaranteed, Nancy Kowalik Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017