25
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1185 Green Elm Road
About This Property
This spacious home features a master suite and additional bedroom on the main level, plus two oversized bedrooms upstairs-each with its own private bath. The gourmet kitchen opens to the living area for easy entertaining and relaxed gatherings. A huge bonus: an oversized garage with 16-foot ceilings-perfect for storing a boat, RV, or lake toys.
The HOA provides all the perks: a sparkling community pool, clubhouse, and playground. Even better-you'll enjoy free access to Tranquility Cove, offering a private boat ramp, boat slips, parking, and RV space for out-of-town guests.
Whether you're seeking a peaceful full-time residence, a weekend getaway, or a smart investment, this property checks every box. Located minutes from Rocker B Baseball, it's also an ideal vacation rental for visiting families. Lake life, convenience, and opportunity all in one.
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Cap Rate Calculator
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 17, 2026 | Sold | ||
| Sold | |||
| Jun 7, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Price Decreased |
$508,500
↓ $11K
(2.2%) | |
| Price Decreased | |||
| Dec 5, 2025 | Listed by Clark Real Estate Group | $519,900 | |
| Listed by Clark Real Estate Group | |||
| Nov 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017