22
Map
816 Elmo Drive
About This Property
Listed By
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 10, 2026 | Price Decreased |
$349,999
↓ $1
(0%) | |
| Price Decreased | |||
| Jul 21, 2026 | Listed by Decorative Real Estate | $350,000 | |
| Listed by Decorative Real Estate | |||
| Jun 25, 2026 | No longer available | - | |
| No longer available | |||
| Oct 2, 2025 | Price Decreased |
$350,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jun 28, 2025 | Listed by CENTURY 21 Judge Fite Co. | $355,000 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
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Don't delay in scheduling a showing on this beautiful 4 bedroom, 2 bath, 7-year-old home. As you walk inside this home, you walk into the open concept floor plan taking you to the beautiful kitchen that counts with stainless-steel appliances, granite countertops & plenty of storage. This for sure will motivate the chef of the family to cook frequently. Start planning your family gatherings and enjoy the spacious fenced backyard, with music, and lots of fun. Home features ceramic tile floors throughout, ceiling fans and plenty of light in this tranquil, patrolling neighborhood. Overall, a great opportunity to call this beauty My New Home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017