5471 Elderberry Way
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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%.
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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 29, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Relisted | $869,500 | |
| Relisted | |||
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Listed by GM Realty | $869,500 | |
| Listed by GM Realty | |||
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Back on Market - Enjoy it all in this beautifully updated Lakeview Estates 3-bedroom home on a spacious lot backing to open space. This freshly updated 3-bedroom, 2-bath home features new interior paint, brand new carpet, and stylish updates in the kitchen and bathrooms. The inviting layout offers comfortable living with natural light throughout. Situated on an oversized lot that backs to serene open space, enjoy added privacy and room to relax or entertain. Enter the living room with high ceilings. The family room includes a cozy gas fireplace that opens to the backyard and an updated kitchen with a center island, kitchen nook, and built-in desk area. Upstairs has two bedrooms and a spacious master suite with vaulted ceilings, large closet, additional closet, and updated beautiful bathroom. Additional upgrades and updating include built-in beverage center, air conditioning, newer garage door, updated quest bathroom, ceiling fans to bedrooms, additional lighting in master bedroom and bath, sliding door to backyard, new carpet, freshly painted and much more.The community offers resort-style amenities including a pool, spa, picnic area and tot lot, perfect for families or anyone who enjoys outdoor living. A must see. Close to schools, shopping, dining, path to Guajome Park, easy freeway access and short drive to ocean.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017