8 Elm
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 |
|---|---|---|---|
| Jul 23, 2020 | Sold | ||
| Sold | |||
| Nov 14, 2019 | Sold | ||
| Sold | |||
| Nov 14, 2019 | Listed by McKeon-Corcoran Real Estate | $339,900 | |
| Listed by McKeon-Corcoran Real Estate | |||
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NEW CONSTRUCTION! 3/4 bedroom 3 bath Ranch, Huge walk out lower level with 2 finished rooms (office or guest room and great room) and bath with 5 foot shower. double french patio doors in each room to outside. Open concept front to back kitchen/ living room. White Merillat soft close cabinets, granite counters and stainless appliances, Master with bath. Anderson 400 series windows, FHA heat with CENTRAL A/C, Public utilities, walk to town, restaurants and rail trail. Lower level flooring allowance $1,800. ADDITIONAL COST UPGRADES :adding an accessory dwelling unit inlaw in lower level. Seller is listing agent.
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| Jun 22, 2019 | Listed by Berkshire Hathaway HomeServices Verani Realty | $75,000 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
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Come and build your dream home just minutes to shopping, eating and rte 93! No approvals or permits have been done. Great location to get on and off the highway from!
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| Jun 14, 2019 | Sold | ||
| Sold | |||
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