6074 AVALON DRIVE SE
About This Property
A covered front porch welcomes you inside, while the finished walk‑out lower level adds outstanding versatility. This level includes a full bath, an office area, and a media/family room with extensive built‑ins, a TV niche with shelving, and a separate bar area with refrigerator-an ideal entertainment hub.
Upstairs, the primary suite offers a peaceful retreat with a luxury bath featuring a soaking tub and separate shower. Three additional spacious bedrooms complete the upper level.
With its private lot, thoughtful updates, and multiple indoor–outdoor living spaces, this home delivers comfort, functionality, and a truly inviting setting.
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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 |
|---|---|---|---|
| Sep 17, 2026 | Sold | ||
| Sold | |||
| Aug 26, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Price Decreased |
$749,000
↓ $46K
(5.8%) | |
| Price Decreased | |||
| Jul 22, 2026 | Price Decreased |
$795,000
↓ $45K
(5.4%) | |
| Price Decreased | |||
| Jul 17, 2026 | Listed by Coldwell Banker Realty | $839,900 | |
| Listed by Coldwell Banker Realty | |||
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About Elkridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017