136 Elmtree Drive
About This Property
The main level offers a spacious family room and kitchen combo filled with natural light from skylights and large windows. A dining area opens directly to the backyard, creating effortless indoor-outdoor living. A convenient half bath completes the first floor, with laundry located in the garage.
Upstairs, the primary suite features an ensuite bathroom, a separate vanity area, and a sliding door to a balcony overlooking the backyard. Two additional bedrooms offer flexibility for family, guests, or a home office. Upgrades include a vinyl fence and dual side gates for added privacy and security.
Situated on a 3,920 sq ft lot, the home boasts a low-maintenance, concrete-finished backyard, offering a blank canvas for entertaining or future landscaping. Its prime location blends convenience and lifestyle-just minutes from the recently upgraded Copper Creek Park with playgrounds, sports courts, picnic areas, and more, and a short drive to Lake Perris State Recreation Area for boating, fishing, and hiking. Schools, shopping, dining, and the I-215 freeway are all nearby for easy commuting.
No HOA. Located in a low-tax area, this property combines functionality, flexibility, and income potential, making 136 Elmtree Drive a standout opportunity in a growing community.
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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 22, 2025 | Sold | ||
| Sold | |||
| Sep 24, 2025 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | Listed by Saxton Realty | $474,888 | |
| Listed by Saxton Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017