202 Elderberry Drive
About This Property
The living room showcases a custom tile-surround wood-burning fireplace, vaulted ceiling & skylights! A newer water heater (2020) provides peace of mind.
The kitchen features a Bosch dishwasher, Samsung glass-top self-cleaning convection range with quick-boil burners, Whirlpool French door stainless refrigerator, granite counters & an outside-vented Samsung microwave. Popcorn ceilings have been removed & hardwoods run through the kitchen, dining, living, entry & hallway! Newer hardware and fixtures throughout add a polished, modern touch.
The private primary suite offers an Allen Roth closet system and a renovated bath with quartz counters and a marble tile shower with niche inserts. The secondary bath features granite counters and a tiled shower with niches & one of the secondary bedrooms also includes an Allen Roth closet system!
A permitted 650 sq ft basement adds incredible versatility with a bedroom, kitchenette, full bath & living room that is perfect as an in-law suite or guest retreat! Plus, there's an additional 400 sq ft of unfinished basement storage space. The laundry room includes a utility sink and tons of storage, plus a convenient laundry chute from the hallway!
Drop-down ladder access to the attic provides floored storage for even more usable space! Outdoor living shines with rebuilt front and back decks using Voyage Deckorators composite decking; the back deck includes a gazebo for added privacy! The fenced backyard and patio are ideal for entertaining, with landscaping that includes over 200 plants and shrubs in the front and backyard. An expanded concrete driveway with front entry sidewalk adds both function and curb appeal. Exterior house and trim were freshly painted in 2020.
Quick and easy access to Hwy 40, and the school bus stop is just steps from the house! Don't miss this opportunity!
In addition, our preferred lender is offering up to 1% in lender credit, which can be applied toward closing costs or to help reduce the interest rate.
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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 10, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Oct 3, 2025 | Listed by Smart Choice Realty Company | $559,900 | |
| Listed by Smart Choice Realty Company | |||
| Oct 15, 2018 | Sold | ||
| Sold | |||
| Aug 31, 2018 | Listed by Smart Choice Realty Company | $258,000 | |
| Listed by Smart Choice Realty Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017