8626 Elm Lake Drive
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 |
|---|---|---|---|
| Sep 17, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by Champion Real Estate | $175,000 | |
| Listed by Champion Real Estate | |||
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"Professionally cleaned and move-in ready! * New Roof just installed. AC unit replaced Oct 2020.* Open floor plan offering three generously sized bedrooms. The expansive living area has a vaulted ceiling with lots of windows allowing plenty of natural light shine in the home. Beautiful tile throughout the first floor and carpets on the stairs and one of the bedrooms freshly steam cleaned as well. The well-appointed kitchen has gas cooking range with plenty of cabinets & counter space, the refrigerator and microwave are included. You will enjoy the wet bar and ceiling fans in all the bedrooms and living room. Master bedroom is large with ceiling fan, wood laminate flooring and the master bath has double sinks and a garden-sized tub! Very nice backyard and close to shopping, schools, and easy access to Highway 6 and the Westpark Tollway for easy commuting."
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Property Highlights
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Price/ft²
Listed On
Sold On
About Mission Glen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017