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285 Elsmere Avenue
About This Property
Inside, wood floors run throughout the home. The recently renovated kitchen is a true standout, featuring new high-end appliances along with generous counter and cabinet space designed for everyday living and entertaining alike. Just off the main living areas, a large mudroom and laundry space keeps busy households organized with ease.
The flexible floor plan includes a cozy family room complete with a full bathroom, making it an ideal option for a first-floor bedroom or private guest suite. A beautifully updated primary suite features a gorgeous walk-in closet that will delight any clotheshorse and a completely updated en suite bath.
Efficiency meets peace of mind with a new boiler, updated electrical panel, replacement windows and an energy-conscious setup that includes a brand new solar water heater along with owned solar panels - both thermal for hot water and photovoltaic for electricity.
Storage is well thought out with a convenient pull-down attic.
Outside, the deep private backyard creates a true extension of the home. Whether you're dining al fresco on the 700 square foot deck, relaxing, or enjoying a soak in the hot tub, this outdoor oasis is where you'll spend your summer days. And for those who've ever dreamed of a little backyard hobby - Cluckingham Palace is ready and waiting for your baby chicks.
All of this in a location that's hard to beat - walkable to the heart of Delmar and just minutes to shopping and conveniences in Glenmont.
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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 |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Apr 20, 2026 | Listed by McSharry & Assoc. Realty LLC | $469,900 | |
| Listed by McSharry & Assoc. Realty LLC | |||
| May 25, 2018 | Sold | ||
| Sold | |||
| Mar 22, 2018 | Listed by McSharry & Assoc. Realty LLC | $219,900 | |
| Listed by McSharry & Assoc. Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017