19194 Elston Way
About This Property
And when you're ready to head home, the vacation doesn't stop. This Heatherton floorpan is one of the most upgraded in the neighborhood and the custom design finishes create a home unlike anything else on the market. The lanai features an upgraded panoramic screen, perfect for taking in views of the beautiful cypress preserve. Enjoy the heated, saltwater pool with swim platform and pool loungers, along with a 6-person hot tub. The large backyard is fully fenced - perfect for dogs or kids - and framed on both sides with added privacy bushes. The lanai includes space for plenty of seating and lounging, a TV hookup, and a full pool bathroom with direct access to the pool deck, so there's no more tracking wet feet through the house. The sliding glass doors open up all the way, creating a true indoor/outdoor feeling.
There's a whole-home gas generator, so you'll never lose power. The 3-car garage is fully insulated and climate-controlled with its own dedicated mini-split A/C system, plus durable epoxy floors, and there's a bonus space currently set up as a home gym.
Inside, the upgrades continue. There were several custom projects added to the home, including a built-in butler's pantry off the kitchen with a beverage refrigerator, a custom laundry room with high-end cabinets, quartz countertops, and a large utility sink, and a mudroom designed perfectly to hide towels, shoes, and backpacks. The primary suite features a dream his-and-hers closet system with slow-close drawers, and even a full mirror that hides a huge shoe closet. There are also all-new light fixtures throughout the home, custom lanai lighting, updated modern stair railings, a whole-home water filtration system, and an additional reverse osmosis water filtration system at the kitchen sink.
The two large bonus rooms on the main floor can easily be converted to bedrooms, making this home a true 6-bedroom home. This home truly lacks nothing. And for added peace of mind, this home is not located in a flood zone. This is a home built for people who don't want to compromise between everyday comfort and resort-level living.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$1,139,000
↓ $10K
(0.9%) | |
| Price Decreased | |||
| Aug 17, 2026 | Price Decreased |
$1,149,000
↓ $30K
(2.5%) | |
| Price Decreased | |||
| Aug 10, 2026 | Price Decreased |
$1,179,000
↓ $9K
(0.7%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$1,187,500
↓ $3K
(0.2%) | |
| Price Decreased | |||
| Jun 18, 2026 | Price Decreased |
$1,190,000
↓ $5K
(0.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017