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2573 Elden Avenue #D
About This Property
The main level centers on a spacious great room, where the kitchen's impressive island and elegantly designed gold accents opens into the dining and living areas with elevated lighting fixtures. A bifold wall of doors along the back of the home folds fully open, connecting the main level to the backyard and creating true indoor-outdoor flow for everyday living or entertaining.
A main-floor bedroom with its own private entrance and full bath sits apart from the rest of the house, offering a natural setup for a home office, multigenerational living, or a long-term guest suite. Upstairs, a bright loft serves as a second living area, suited to a media room, playroom, or additional office space. The primary suite offers a separate soaking tub and shower along with a walk-in closet, while the secondary bedrooms are generously sized with large windows that bring in natural light throughout the day. The loft provides a natural buffer between the primary and secondary bedrooms without allowing too much separation.
Outside, the backyard's grass lawn is a blank canvas, ready for a hot tub, outdoor kitchen, or putting green. The home sits at the rear of a private cul-de-sac, offering a quiet, low-traffic setting.
Built just three years ago, the home carries owned solar and a tankless water heater, keeping utility costs low and sparing buyers the aging systems common in older Eastside homes. HOA dues remain low and cover yard maintenance, etc. An upstairs laundry room, a finished garage with storage, and parking for up to six cars round out the practical details.
The location offers easy access to 17th Street's shops and restaurants in one direction and the Back Bay trails in the other, with Newport Beach, Fashion Island, and South Coast Plaza just minutes away. New highly anticipated shops like high end grocer Erewhon and Whole Foods are investing in the area, highlighting the popularity of the neighborhood. Highly rated schools and the newly remodeled Brentwood Park are also nearby. This is new construction, turnkey condition, and Eastside Costa Mesa living, together in one home.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Price Decreased |
$1,898,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$1,899,000
↓ $51K
(2.6%) | |
| Price Decreased | |||
| Jun 11, 2026 | Price Decreased |
$1,950,000
↓ $45K
(2.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017