5 ELDERBERRY CT
About This Property
The gourmet kitchen is a chef's dream, featuring an oversized island, stainless steel appliances, and a spacious breakfast area with tile flooring and backsplash. The family room is a haven of comfort with its dimensional ceiling and stone fireplace, complemented by the warm ambiance of hardwood flooring.
On the first floor, the primary suite is a retreat in itself, complete with a fireplace and a private custom bathroom featuring an oversized shower. Ample closet space ensures convenience. A playroom adjacent to the kitchen and a spacious living room and dining room provide plenty of room for family gatherings and entertainment.
Upstairs, you'll discover 5 spacious bedrooms, including 2 Jack and Jill bathrooms and one private bath, offering comfort and privacy for everyone.
Step outside to your private oasis, a tree-lined backyard with lush landscaping, a gunite inground pool, a stone spa with a waterfall feature, a wraparound patio, and a sandy beach area. An inviting fire pit completes the perfect outdoor entertainment space.
With a 3-car garage and situated on 2.5 acres, this property offers both space and convenience. It's located in a highly-rated school district and within a beautiful upscale neighborhood. Don't miss this opportunity to make this dream home your own! This home is being offered in strictly as is condition
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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 27, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Price Decreased |
$1,060,000
↓ $130K
(10.9%) | |
| Price Decreased | |||
| May 24, 2024 | Relisted | $1,190,000 | |
| Relisted | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017