8701 Elden St
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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%.
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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.
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 |
|---|---|---|---|
| Aug 30, 2019 | Sold | ||
| Sold | |||
| Jul 22, 2019 | Listed by Pacific Sotheby's Int'l Realty | $599,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Mar 25, 2014 | Sold | ||
| Sold | |||
| Feb 15, 2014 | Listed by Keller Williams Realty | $460,000 | |
| Listed by Keller Williams Realty | |||
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Corner lot with lots of upgrades. Extra room with closet could serve as third bedroom. Dual paned windows throughout. Refinished original wood floors. Sunken family room w/ fireplace. Separate laundry room. Tankless water heater. Walk in closet in master bedroom and upgraded master bath with walk in shower. Ceiling fans throught out. Family room wired for surround sound. Fenced backyard with covered patio area. Two raised vegetable gardens. Fire pit. Built in sprinkler system Neighborhoods: La Mesa Equipment: Range/Oven Other Fees: 0 Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017