5263 ELLEN Court
About This Property
Welcome to this beautifully updated 4-bedroom, 2-bath home tucked away in a quiet, unrestricted neighborhood--no HOA means you can bring your boat or your RV. Sitting on over 1/3 of an acre, the property offers a spacious, fully fenced backyard with tons of room for outdoor living, toys. Step inside to a bright, open interior that has been thoughtfully updated for modern living. The home features a functional layout with generous living and dining spaces, and well-sized bedrooms that offer flexibility for families, guests, or a home office setup. Major updates have already been taken care of: enjoy peace of mind with a brand-new roof (2025), along with a new AC and hot water heater (2022) and brand new septic tank being replaced in 2025. --all designed to keep you comfortable for years to come.
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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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Price Decreased |
$397,500
↓ $3K
(0.6%) | |
| Price Decreased | |||
| Mar 16, 2026 | Price Decreased |
$399,999
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Feb 2, 2026 | Price Decreased |
$415,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017