905 N Elm Avenue
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 |
|---|---|---|---|
| Oct 23, 2026 | Price Decreased |
$79,900
↓ $5K
(6%) | |
| Price Decreased | |||
| Sep 25, 2026 | Price Decreased |
$85,000
↓ $10K
(10.5%) | |
| Price Decreased | |||
| Aug 7, 2026 | Listed by Century 21 Affiliated - Jackson | $95,000 | |
| Listed by Century 21 Affiliated - Jackson | |||
| Feb 2, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2023 | Listed by HOWARD HANNA REAL ESTATE SERVI | $82,000 | |
| Listed by HOWARD HANNA REAL ESTATE SERVI | |||
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Start 2024 in this 2 bed/1 bath Bungalow home on the City's North Eastside, certain to be less than paying rent! Close to I-94 /127 with easy access Lansing and Ann Arbor and the Hospital! Featuring a sizeable enclosed front porch, nice sized living room with natural light, a formal dining room and an updated kitchen with pantry space, appliances are included! Main floor also has an adorable little breakfast nook and a tiny mud room leading to the backyard. Upstairs are the two bedrooms and the full updated bathroom. The mostly enclosed backyard has space for pets to roam and separate herb and flower gardens. There is a one car detached garage great for projects or storing your car this winter. One year Home Warranty from HSA included for buyer peace of mind! It's Awesome!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017