916 Elder Road
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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Feb 17, 2025 | Relisted | $619,900 | |
| Relisted | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Dec 13, 2024 | Listed by Core Realty & Investments Inc. | $619,900 | |
| Listed by Core Realty & Investments Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/13/2024
| |
7 Bed
|
4 Bath
|
-
|
$619,900
7 Bed
4 Bath
|
$525,000
-15.31%
03/21/2025
|
Volodymyr Yakubiv
Core Realty & Investments, Inc
|
|
06/03/2024
| |
7 Bed
|
4 Bath
|
-
|
$490,000
7 Bed
4 Bath
|
$490,000
07/31/2024
|
Alexis Chavers
Coldwell Banker Realty
|
|
06/18/2021
| |
7 Bed
|
-
|
-
|
$400,000
7 Bed
-
|
-
-
|
Rashauna Scott
Kale Realty
|
Building Info
About Homewood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017