1618 Elmwood Drive
About This Property
The home also features inviting guest quarters, ideal for visitors or multi-generational living. Step outside to your own backyard retreat complete with a sparkling swimming pool, outdoor fireplace and full cooking area, and custom nighttime lighting that makes entertaining a dream.
Additional highlights include a private water well, beautifully designed outdoor spaces, and the unmatched lifestyle River Oaks is known for. Rarely does a property with this combination of space, amenities, and location become available - don't miss it!
Buyer and buyers agent to verify square footage, schools, and materials.
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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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Oct 10, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Listed by KW SYNERGY* | $895,000 | |
| Listed by KW SYNERGY* | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017