8 Elm St
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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Nov 4, 2024 | Price Decreased |
$589,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Oct 23, 2024 | Listed by Better Homes and Gardens Real Estate - The Shanahan Group | $599,000 | |
| Listed by Better Homes and Gardens Real Estate - The Shanahan Group | |||
| | |||
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Welcome to this charming 2-bedroom, 1-bathroom single-family home, perfect for first-time buyers or those looking to downsize. Nestled in a wonderful neighborhood on a quiet dead-end street, this home offers both tranquility and convenience. The open floor plan creates a spacious feel, ideal for entertaining or cozy family living. Situated on a large lot, there's plenty of room for outdoor activities or future expansion. Wonderful backyard! Located just minutes from grocery stores, shopping, and all the amenities you need, this home is a fantastic opportunity. Don’t miss out on this opportunity!
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| Oct 2, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017