902 Elgin Avenue
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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 1, 2023 | Sold | ||
| Sold | |||
| Mar 24, 2023 | Listed by RE/MAX 10 | $659,000 | |
| Listed by RE/MAX 10 | |||
| Jan 1, 2021 | No longer available | - | |
| No longer available | |||
| Dec 28, 2020 | Listed | $159,900 | |
| Listed | |||
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Bungalow with lots of potential in beautiful Forest Park! Property needs work. Handyman special. This charming home is ready for you and your brilliant ideas! Nice floor plan with spacious room sizes. Hardwood flooring. Large unfinished basement perfect for storage or update to a second living space! Enjoy gatherings in the generously-sized living/dining area. Fenced back yard with 1 car garage. Sold AS-IS. Check out the virtual tour! The manager has listed the unit size as 1782 square feet.
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| Dec 19, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017