70 W Elliot Way #LOT55
About This Property
The front elevation combines Nichiha siding with brick detailing, leading to a covered entry with brick flooring. Inside, the foyer opens to a central living area, with a private office just off the entry and a dining space positioned toward the rear The main living area is located at the back of the home, defined by vaulted ceilings with exposed wood beams and a wood-burning fireplace. A 16' sliding glass door extends the space to the rear porch, while the adjacent dining area features a 12' slider, creating multiple connections to the outdoor living areas.
The kitchen is centrally positioned between the living and dining areas, anchored by a large island and supported by a walk-in pantry and separate butler's pantry with wet bar. Integrated cabinetry conceals a full appliance suite including a dual fuel range, multiple refrigeration units, and additional beverage and ice storage.
The primary suite is located on the main level with direct access to the rear porch and includes a freestanding tub, walk-in shower, and built-in closet storage. Additional first-floor bedrooms are positioned toward the front, while the laundry and mudroom connect to the garage and golf cart bay for everyday functionality.
As you ascend the stairs, detailed with iron handrails, white oak posts, and integrated stair lighting, three additional bedrooms are arranged around a central sitting room. Ceiling heights of 11' on the first floor and 10' on the second floor maintain consistent volume throughout.
Outdoor living is centered around a 30' x 12' pool with a spa, screened porch with roll-screens , summer kitchen, and fireplace extending the living space and taking advantage of the depth of the homesite.
Additional features include wide-plank wood flooring, white oak interior doors, crown molding throughout, upgraded fixtures, whole-home dehumidification, a conditioned garage space, and epoxy-coated garage flooring.
Located within Powell Landing West, this home offers immediate access to Lake Powell, the community dock, and Watersound Origins amenities including trails, Village Commons, and the Origins Golf Course.
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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 |
|---|---|---|---|
| Jul 24, 2026 | Sold | ||
| Sold | |||
| Jun 25, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2026 | Price Decreased |
$3,195,000
↓ $900
(0%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Increased |
$3,195,900
↑ $900
(0%) | |
| Price Increased | |||
| May 16, 2026 | Relisted | $3,195,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017