32
Map
131 Elba Drive
About This Property
All bathrooms have been renovated with modern finishes, including luxury vinyl plank flooring and an upgraded dual-sink Jack-and-Jill bath, while the spacious primary suite offers the rare benefit of two walk-in closets. Major system updates, including a new roof and HVAC in 2021, provide added peace of mind.
Outside, the fully landscaped backyard creates a private retreat rarely found in the neighborhood, complete with mature greenery, a playground area, shed, greenhouse, and covered storage. Additional features include a 2-car garage and an extended driveway accommodating four vehicles, along with access to community amenities including a pool, playground, and walking trails. With its level of updates, functional layout, and standout outdoor space, this home represents a rare opportunity in Curtis Pond.
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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 |
|---|---|---|---|
| Oct 8, 2026 | Sold | ||
| Sold | |||
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Price Decreased |
$465,000
↓ $20K
(4.1%) | |
| Price Decreased | |||
| Jul 27, 2026 | Listed by Carolina Realty Solutions | $485,000 | |
| Listed by Carolina Realty Solutions | |||
| Jun 13, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017