12012 ELDERBANK Drive
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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by COLDWELL BANKER VANGUARD REALTY | $414,900 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Apr 18, 2023 | Sold | ||
| Sold | |||
| Oct 21, 2022 | Listed by MATTAMY REAL ESTATE SERVICES | $397,109 | |
| Listed by MATTAMY REAL ESTATE SERVICES | |||
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The Carrabelle Low Country floor plan at Wells Creek is a very popular home. Enjoy an open concept with covered and screened lanai. Professionally designed with beautiful quartz counter tops and hard surface flooring in the living areas. This home is focused on details with 5 1/4'' baseboards and prewire for 5.1 surround sound in the Family Room. Primary bedroom boasts a tray ceiling with dual closets. Wells Creek provides convenient access to world-class shopping, entertainment, and recreation plus leading employment centers, top-rated schools, and medical services; the community offers an array of lifestyle amenities including a pavilion, resort-style pool, paw park, playground and plenty of open green space for picnicking — with no CDD fees. Estimated completion March/April 2023.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017