21 BIG ELM
About This Property
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jun 21, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by McGrath Realty Inc | $699,000 | |
| Listed by McGrath Realty Inc | |||
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Nestled along a meandering drive, this stunning Modern Rambling Ranch welcomes you with charm and elegance. This unique home is built around the original fireplace of a 1929 one-room schoolhouse, preserving a piece of history at its heart. As you approach the front walkway and step through the front door, you're greeted by an expansive open-concept living space featuring soaring ceilings and a dramatic wall of windows and glass doors, seamlessly connecting the interior to the backyard and bathing the home in natural light. The kitchen is a true centerpiece—wide open and beautifully appointed with a large center island offering seating, a built-in sink, and a dishwasher. Granite countertops, stainless steel appliances including a propane cooktop, and gleaming hardwood floors complete this stylish and functional space. Flowing effortlessly into the sun-drenched living area, you'll find a spacious layout perfect for BBQing and entertaining. Step through the glass doors onto a large stone patio—ideal for enjoying breathtaking sunset views. The living room also boasts a grand stone fireplace and a convenient powder room with laundry. Off the kitchen are two bright and inviting bedrooms with hardwood floors. One features cathedral ceilings and direct access to the back patio through glass doors. A full bathroom with a soaking tub serves this wing of the home. The Primary Suite, located off the living room, is a serene retreat with large windows, hardwood floors, double closets, and a luxurious en-suite featuring a walk-in shower. Down the stairs , an unfinished storage area with a walkout offers additional storage and the oversized two-car garage includes high ceilings with pull-down stair access to additional attic storage. This exceptional home is equipped with a whole-house generator, forced hot air, and central air conditioning. Ideally situated just off Route 22, it's minutes from shopping, schools, I-684, I-84, and the Rail Trail—offering both tranquility and convenience. A perfect blend of comfort, style, and accessibility, this home is ready to impress.
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| Oct 4, 2016 | Sold | ||
| Sold | |||
| Nov 17, 2015 | Listed by Houlihan Lawrence Inc. | $479,500 | |
| Listed by Houlihan Lawrence Inc. | |||
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"School Days"....Charming renovated former school house, circa 1923. Dramatic great room with 2 story ceiling, floor to ceiling fireplace and open kitchen. Master suite plus 2 additional bedrooms. Rear bluestone patio with stone wall with sunset views. Fabulous 4 1/2 acre setting overlooks neighboring pond and horse farm. Owner/builder will finish garage if additional square footage is desired. 2 car garage, basement. Great location only minutes off Route 22. Unusual opportunity to purchase a very special property in a wonderful setting. Additional Information: ParkingFeatures:2 Car Attached,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017