57 E Elliot Way #LOT63
About This Property
The exterior combines Premium Nichiha lap and shake siding, premium plantation shutters, 9' exterior doors, and an expanded window package. Inside, the layout opens to a vaulted living room with exposed wood beams, Venetian plaster wood-burning fireplace, and a 16' sliding glass door connecting to the rear porch and pool area.
The kitchen is centered between the living and dining spaces and features a 10.5' marble island, upgraded cabinetry with soft-close doors and drawers, walk-in pantry, and separate butler's pantry with sink, beverage refrigeration, ice maker, and additional Sub-Zero refrigeration. The appliance package includes dual 36'' Sub-Zero refrigerators, a 48'' dual fuel Wolf range, vent hood, microwave drawer, and Cove dishwasher.
The primary suite is privately positioned at the rear of the home and includes a freestanding tub, walk-in shower with bench, upgraded Brizo fixtures, and a large walk-in closet with custom shelving. All secondary bedrooms include ensuite bathrooms and walk-in closets. The second floor features additional guest accommodations and a balcony overlooking the pool area. Ceiling heights of 12' on the first floor and 10' on the second floor maintain consistent scale throughout.
Outdoor living includes a 10' x 30' saltwater pool and spa with upgraded mosaic tile, extended paver decking, roll-down screens, summer kitchen, and exterior wood-burning fireplace with brick surround and mantel.
Additional features include Medallion wood flooring throughout, white oak solid core interior doors, crown molding across both levels, epoxy garage flooring, conditioned garage space with mini split system, dehumidifiers, two washer/dryer sets, and upgraded hardware and fixtures throughout.
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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 10, 2026 | Sold | ||
| Sold | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Listed by Watersound Real Estate | $3,395,900 | |
| Listed by Watersound Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017