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6520 Elderberry Way
About This Property
Main Level: An open, stylish layout blends comfort with function. The primary suite and a secondary ensuite bedroom sit on the first floor - perfect for guests or multigenerational living - alongside a dedicated home office, a half bath, and a spacious utility room.
Second Level: Three additional bedrooms await upstairs, two sharing a Jack-and-Jill bath. A large game room, media room, and a full bath complete the floor, ideal for movie nights, game days, or simply unwinding with family.
Outdoor Living: A custom covered patio with a wood-burning fireplace is made for entertaining or relaxing in comfort year-round. The backyard is one of the largest in the neighborhood, with room to play, garden, or build your dream outdoor retreat.
Parking & Storage: An oversized 3-car tandem garage offers ample storage and parking.
Space, style, comfort, and community - this value-packed home is a rare find you won't want to miss.
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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 |
|---|---|---|---|
| Aug 30, 2026 | In contract | - | |
| In contract | |||
| Jul 28, 2026 | Listed by HomeSmart | $890,000 | |
| Listed by HomeSmart | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017