3511 Elm Ave #309
About This Property
The expansive primary bedroom serves as a peaceful retreat, with ample space for large furniture and more. Step outside onto your private balcony, which offers the option to install a mini-split HVAC system, as permitted by the HOA-a wonderful spot for morning coffee or evening sunsets. The second bedroom is also generously sized, featuring a walk-in closet. Both bedrooms are fitted with ceiling fans and new carpet for added comfort.
The hall bathroom has been beautifully remodeled, adding a touch of elegance to the home. Freshly painted interiors make this condo move-in ready. Additional features include community laundry facilities and one designated parking space in the secure underground garage.
Take advantage of this fantastic opportunity to own a spacious condo in a prime location close to all that Bixby Knolls has to offer, including trendy eateries, breweries, First Friday events, and top-rated schools.
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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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $490,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Sep 25, 2024 | Price Decreased |
$490,000
↓ $35K
(6.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/09/2025
|
1 Bed
|
1 Bath
|
700 ft²
|
$349,000
1 Bed
1 Bath
700 ft²
|
$355,000
+1.72%
08/29/2025
|
TRAVIS JACKSON
WERE Real Estate
| |
|
09/26/2024
|
2 Bed
|
2 Bath
|
1263 ft²
|
$449,900
2 Bed
2 Bath
1263 ft²
|
$465,000
+3.36%
12/13/2024
|
Torey Carrick
eXp Realty of California Inc
| |
|
08/15/2024
|
2 Bed
|
2 Bath
|
1171 ft²
|
$525,000
2 Bed
2 Bath
1171 ft²
|
$490,000
-6.67%
12/31/2024
|
Andrea Testa
Keller Williams - Long Beach Pacific Estates
| |
|
06/12/2024
|
1 Bed
|
1 Bath
|
700 ft²
|
$385,000
1 Bed
1 Bath
700 ft²
|
$387,500
+0.65%
08/08/2024
|
Andrea Testa
Keller Williams - Long Beach Pacific Estates
| |
|
06/06/2023
|
1 Bed
|
1 Bath
|
704 ft²
|
$349,900
1 Bed
1 Bath
704 ft²
|
-
-
|
Jeff Anderson
Keller Williams - Long Beach Pacific Estates
| |
|
07/21/2022
|
2 Bed
|
2 Bath
|
1256 ft²
|
$449,000
2 Bed
2 Bath
1256 ft²
|
-
-
|
Alyse Livingston
Corcoran Global Living
| |
|
03/05/2022
|
2 Bed
|
2 Bath
|
1263 ft²
|
$430,000
2 Bed
2 Bath
1263 ft²
|
$464,000
+7.91%
03/31/2022
|
Thomas Applegate
Re/Max R. E. Specialists
| |
|
10/22/2021
|
1 Bed
|
1 Bath
|
695 ft²
|
$305,000
1 Bed
1 Bath
695 ft²
|
$315,000
+3.28%
12/10/2021
|
Mika Mitchell
RE/MAX TerraSol
| |
|
05/18/2020
|
Studio
|
-
|
-
|
$299,000
Studio
-
|
$303,000
+1.34%
08/26/2020
|
Andrea Testa
Keller Williams - Long Beach Pacific Estates
| |
|
04/17/2020
|
1 Bed
|
1 Bath
|
704 ft²
|
$295,000
1 Bed
1 Bath
704 ft²
|
$302,000
+2.37%
05/22/2020
|
Andrea Testa
Keller Williams Pacific Estate
| |
|
06/26/2019
|
1 Bed
|
1 Bath
|
704 ft²
|
$250,000
1 Bed
1 Bath
704 ft²
|
$262,500
+5.00%
08/13/2019
|
Austin Vaccaro
NextHome Luxe Group
| |
|
04/22/2019
|
2 Bed
|
2 Bath
|
1263 ft²
|
$357,500
2 Bed
2 Bath
1263 ft²
|
$357,500
09/12/2019
|
Marianne Pettys
Beach Break Realty
| |
|
12/21/2018
|
2 Bed
|
2 Bath
|
1263 ft²
|
$374,900
2 Bed
2 Bath
1263 ft²
|
$375,000
+0.03%
02/08/2019
|
Shari Posey
Berkshire Hathaway Home Svcs
| |
|
07/16/2018
| |
1 Bed
|
1 Bath
|
695 ft²
|
-
1 Bed
1 Bath
695 ft²
|
-
-
|
-
|
|
07/01/2018
|
2 Bed
|
2 Bath
|
1232 ft²
|
$374,000
2 Bed
2 Bath
1232 ft²
|
$365,000
-2.41%
09/10/2018
|
Karen Miller
First Team Real Estate
| |
|
04/01/2018
|
1 Bed
|
1 Bath
|
704 ft²
|
$245,000
1 Bed
1 Bath
704 ft²
|
$255,000
+4.08%
05/18/2018
|
Donna Coleman
SBM Companies, Inc.
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1171 ft²
|
-
2 Bed
2 Bath
1171 ft²
|
-
-
|
-
|
|
06/02/2017
|
2 Bed
|
2 Bath
|
1171 ft²
|
$339,000
2 Bed
2 Bath
1171 ft²
|
$330,000
-2.65%
08/23/2017
|
Maria Marshall
The Westwood Real Estate Group
| |
|
12/30/2011
|
1 Bed
|
1 Bath
|
704 ft²
|
$87,700
1 Bed
1 Bath
704 ft²
|
$87,000
-0.80%
10/01/2012
|
Jill Dalby
Primary Capital
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017