1233 Elderflower Drive
About This Property
The open kitchen flows into the dining and living areas, featuring a large walk-in pantry, gas range, and a separate bar area with a built-in wine cooler. Quartz countertops, semi-custom cabinets, and a custom backsplash give the space a warm, inviting feel.
The primary bedroom is spacious, including a large walk-in closet, extra storage, and an ensuite bathroom with a rain shower and double vanities. The home also includes a dedicated laundry room with a folding area for added convenience.
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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 |
|---|---|---|---|
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Price Decreased |
$679,900
↓ $9K
(1.3%) | |
| Price Decreased | |||
| Jun 17, 2026 | Price Decreased |
$688,500
↓ $500
(0.1%) | |
| Price Decreased | |||
| Apr 6, 2026 | Listed by Ellis Realty LLC | $689,000 | |
| Listed by Ellis Realty LLC | |||
| Sep 10, 2025 | Listed | $699,999 | |
| Listed | |||
| | |||
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Offering an assumable VA loan at a 4.75% interest rate; this home offers plenty of space, with each bedroom having its own private bathroom and generous size. There's also a convenient half bath for guests.
The open kitchen flows into the dining and living areas, featuring a large walk-in pantry, gas range, and a separate bar area with a built-in wine cooler. Quartz countertops, semi-custom cabinets, and a custom backsplash give the space a warm, inviting feel.
The primary bedroom is spacious, including a large walk-in closet, extra storage, and an ensuite bathroom with a rain shower and double vanities. The home also includes a dedicated laundry room with a folding area for added convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017