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2624 Eldridge Lane
About This Property
The unique multi-level floor plan features 3 bedrooms, 2 living areas, and wonderful architectural details throughout. The main living area offers a soaring vaulted ceiling, custom built-ins, and a dramatic wall of windows that fills the space with natural light while overlooking the wooded front yard. The formal dining room opens directly to the backyard patio, creating an ideal space for entertaining.
The upstairs primary suite offers a peaceful retreat with a private deck overlooking the beautiful trees and backyard. A spacious second living area downstairs includes a convenient half bath and washer and dryer hookups tucked neatly into a closet, providing flexibility for a game room, media room, home office, or guest space.
Additional features include a double side-entry garage, full sprinkler system, and a tranquil backyard setting that is increasingly difficult to find. While the home is ready for cosmetic updates, its quality construction, thoughtful design, and exceptional location make it an outstanding opportunity to create something truly special.
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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 |
|---|---|---|---|
| Oct 19, 2026 | Sold | ||
| Sold | |||
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Price Decreased |
$379,900
↓ $18K
(4.5%) | |
| Price Decreased | |||
| Aug 17, 2026 | Price Decreased |
$397,900
↓ $27K
(6.4%) | |
| Price Decreased | |||
| Aug 3, 2026 | Listed by Camille Johnson | $424,900 | |
| Listed by Camille Johnson | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017