501 Elaine Street
About This Property
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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 4, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 27, 2026 | Listed by Debra Weber Realty LLC | $750,000 | |
| Listed by Debra Weber Realty LLC | |||
| Apr 12, 2023 | Sold | ||
| Sold | |||
| Mar 2, 2023 | Listed by Legacy Realty Advisors | $655,000 | |
| Listed by Legacy Realty Advisors | |||
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If you are looking for your home to feel like an oasis, this one has exactly what you need. This 4 bedroom beautiful ranch style home is located in the sought after Bear Creek Estates which backs up Keller's most beautiful park. You are within walking distance to a year-round actives such as volleyball, pickle ball, running, and fishing. The living room's full glass doors open to the covered patio overlooking a large pool. The kitchen has farm-style sink, granite counters, built in china cabinet, and an island. The master bathroom is built to feel like your own relaxation retreat paired with an extra large walk-in master closet. The home has a side yard with an in place multi-use building and storage area. This home gives you the best of convenience and space with its nearly-full acre corner lot. The spacious drive way and added circle drive leave plenty of space for pulling and parking your big toys like dirt bikes or jet skis. Make an appointment to come see this wonderful home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017