517 ELM DRIVE
About This Property
This home is truly turn-key and move-in ready, offering the perfect blend of comfort, simplicity, and smart living. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this one checks the boxes without the to-do list. Step inside to a bright, welcoming layout with a clean, well-cared-for feel throughout. The living spaces flow easily, making everyday living comfortable and functional. The kitchen and bath are well maintained, and both bedrooms offer cozy retreats with great natural light. Outside is where this home really shines. Enjoy your morning coffee or unwind in the evenings on the beautiful back deck - the kind of space that actually gets used, not just admired. The fully fenced yard offers privacy, security for pets, and room to garden, entertain, or simply enjoy your own outdoor space without neighbors peeking in. Located in Seaford, you'll have convenient access to shopping, dining, and local amenities while still enjoying a quiet residential setting. Clean. Cared for. Ready to go. All that's missing is your furniture - and maybe a grill for that backyard.
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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 12, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
| May 6, 2026 | Price Decreased |
$224,999
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Apr 30, 2026 | Price Decreased |
$229,999
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Mar 17, 2026 | Price Decreased |
$230,999
↓ $4K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017