11816 Elko Lane
About This Property
The dining area comfortably accommodates seating for eight, creating an ideal space for gatherings both large and small. Thoughtful details throughout the home, including built-in bookshelves, add warmth and character while maintaining a clean, modern aesthetic.
Privately situated apart from the secondary bedrooms, the expansive primary suite offers a true retreat with a resort-style bath featuring dual vanities, a soaking tub, standalone glass shower, and a large walk-in closet.
Step outside to the covered back patio and discover one of the home's most peaceful features - a tranquil bubbling brook-style water feature complete with koi fish, creating a serene outdoor escape ideal for relaxing mornings or quiet evenings at home.
With a desirable split-bedroom layout, beautiful natural light, and inviting indoor-outdoor living spaces, this Live Oak Creek home offers the perfect balance of warmth, style, and everyday livability.
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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 |
|---|---|---|---|
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Price Decreased |
$399,900
↓ $9K
(2.2%) | |
| Price Decreased | |||
| May 26, 2026 | Listed by Briggs Freeman Sotheby's Int'l | $409,000 | |
| Listed by Briggs Freeman Sotheby's Int'l | |||
| Oct 18, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017