765 Elmwood Drive
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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 |
|---|---|---|---|
| Dec 27, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Concentric Realty Inc. | $2,500,000 | |
| Listed by Concentric Realty Inc. | |||
| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed | $1,400,000 | |
| Listed | |||
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765 Elmwood Drive is both elegant and approachable, a residence made for living! The grand entry welcomes you into a layout that integrates beautifully with the exterior through an abundance of windows. A focal point in the main floor, the luxurious, expansive family room is surrounded by the cook's kitchen and sophisticated formal dining room. Front and back staircases lead to the second level which includes a private guest suite with mini-kitchen. The master retreat enjoys a marble-surrounded fireplace and luxurious ensuite bath with double steam shower and whirlpool. Ideal for entertaining, the English lower level presents a two-story sport court, home theatre, putting green, second kitchen and recreation room with the home's third fireplace. Dramatic landscaping, hardscape and lighting create inviting outdoor destinations for owners and guests. This quiet interior street offers the privacy you desire while remaining convenient to schools, dining and shopping. Truly spectacular! The manager has listed the unit size as 5500 square feet.
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About Wheaton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017