24 Ely Drive
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2026 | Sold | ||
| Sold | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2025 | Listed by Hunt Real Estate ERA | $394,900 | |
| Listed by Hunt Real Estate ERA | |||
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Beautifully updated and impeccably maintained ranch in a highly desirable JD location on a quiet dead-end street. This home blends classic charm with thoughtful modern updates including gleaming peg and board hardwoods, original built-ins, and cedar closets. The oversized living room with a gas fireplace flows into the kitchen and dining area. Just off the dining space is a bright morning room w/ heated flooring, perfect for relaxing, plants, or additional entertaining. The kitchen features quartz counters, stainless appliances, and timeless style. Off the garage is a convenient mudroom with built-ins and a separate laundry room. Three bedrooms are on the main level, with one currently used as an office/den. The full bath is tastefully updated and complements the home’s character. The newly finished lower level offers approximately 1,164 sq. ft. of additional living space, including a family room with an electric fireplace, a workout area, a flex room, a new half bath with custom dog wash, and a potential bar area. A flat, private backyard w/ deck and a two-car garage complete this wonderful home. Close to West Genesee Street, Wegmans, Lyndon Corners, and all area amenities. Showings begin 12/5 at 5pm.
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| Sep 27, 2021 | Sold | ||
| Sold | |||
| Apr 12, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017