30
Map
621 ELDRON BOULEVARD SE
About This Property
Bring your vision - this one is priced to reflect its as-is condition and ready for someone to unlock its full potential.
**YOU MUST GO AND WALK THE PROPERTY BEFORE SENDING AS-IS!! YOU WILL HAVE 3 DAYS MAX INSPECTION AFTER A CONTRACT IS SIGNED. ALSO, PLEASE SUBMIT YOUR HIGHEST AND BEST BECAUSE NO PRICE ADJUSTMENTS WILL BE MADE AFTER SIGNED.**
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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 2, 2026 | Price Decreased |
$170,000
↓ $40K
(19.1%) | |
| Price Decreased | |||
| Aug 25, 2026 | Relisted | $220,000 | |
| Relisted | |||
| Aug 25, 2026 | Price Decreased |
$210,000
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Aug 19, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | Relisted | $220,000 | |
| Relisted | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Port Malabar
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$1,600 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017