8 Elmwood Road
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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Feb 19, 2024 | Listed by ROMAN BALANDIN REALTY LLC | $700,000 | |
| Listed by ROMAN BALANDIN REALTY LLC | |||
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Welcome to this beautiful colonial-style home located in Springfield! This spacious and stunning 4-bedroom, 4.5-bathroom home boasts luxurious features and finishes throughout. As you enter the home, you'll be greeted by the open concept kitchen, complete with gorgeous granite countertops & modern appliances. The hardwood floors throughout add warmth and character to the space, creating a comfortable and inviting atmosphere. The first floor also features a bedroom with a full bath, offering a convenient and flexible living arrangement for guests or family members. In addition the 2nd floor primary bedroom boast park views. The home also features a newer roof, you can rest easy knowing your home is protected for years to come.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017