8 ELM Street
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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.
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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 |
|---|---|---|---|
| Jun 24, 2021 | Sold | ||
| Sold | |||
| Apr 2, 2021 | Listed by HOULIHAN LAWRENCE INC. ML | $299,000 | |
| Listed by HOULIHAN LAWRENCE INC. ML | |||
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Late '50s ranch offers one-level living just minutes to the village, schools, shopping and Kingston Bridge. Solidly built and awaiting your imagination this 1664 s.f. home offers an eat-in kitchen, living room with fireplace and HW floors, dining room and spacious office with separate entrance or family room. Residence has a primary en suite bedroom, 2 additional bedrooms and hall bath. Lower level has mechanicals and storage. There is a one-car garage. In addition, there is a propane back up generator, central vac and whole house fan. Sited on .67-acre lot with mature trees. Walk to Red Hook Recreation Center with playing fields, pool and tennis courts.,FOUNDATION:Block,InteriorFeatures:Electric Dryer Connection,French Doors,Electric Stove Connection,Washer Connection,AboveGrade:1664,Cooling:Attic Fan,Unfinished Square Feet:1504,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,ROOF:Asphalt Shingles,Level 1 Desc:FOYER, EIK, LR, DR, OFFICE/FR, MBR, MBA, BR1, BR2, BA,Below Grnd Sq Feet:1504,FLOORING:Ceramic Tile,Wood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017