8 Elliott Rd
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 |
|---|---|---|---|
| Apr 27, 2020 | Sold | ||
| Sold | |||
| Feb 20, 2020 | Listed by First Realty | $499,000 | |
| Listed by First Realty | |||
| Jan 4, 2019 | Sold | ||
| Sold | |||
| Oct 11, 2005 | Sold | ||
| Sold | |||
| Jul 12, 2005 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $489,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Beautifully appointed custom Colonial abutting MDC land! New maple hardwood flooring throughout all rooms except baths! Sun splashed kitch w/ white cabinets plus center island w/ jennaire! 1st fl laundry/mud rm! Living/dining rm w/ fireplace! Master suite w/ jacuzzi tub! Walk up attic! 40 foot deck overlooking heated gunite pool! Newer roof! Brick & granite walkways! Covered porch! Gorgeous private setting w/ easy access to Rt 190/62/12! Delighful inside & out! You will not be disappointed!
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