7582 Elder Avenue
About This Property
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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 10, 2025 | Sold | ||
| Sold | |||
| Aug 1, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by Keller Williams Realty Antelope Valley | $489,900 | |
| Listed by Keller Williams Realty Antelope Valley | |||
| May 30, 2025 | Price Decreased |
$499,000
↓ $26K
(5%) | |
| Price Decreased | |||
| Jan 16, 2025 | Listed | $525,000 | |
| Listed | |||
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Get away from the crowded big cities. This is the beautiful 2.49 acre home in the country you have been waiting for. Zoned for 8 horses. Bring your boats, RVs and more. Tons of room to add an ADU (Guest Home) for rental income. Completely fenced with an automatic gate opener. Brick pavers form the walkway to the large front deck with fantastic views of the mountains. You can sit and unwind while watching the beautiful sunsets. The kitchen has lots of cabinets, a huge walk in pantry, tiled countertops, as well as a bayed breakfast area. Large indoor laundry room. The living room has an lovely wood burning stove and is open to the dining area. There are shade trees and fruit trees planted and are automatic watering systems, as are the wine & table grapes that have been planted (Seller makes his own wine). There is a third garage at the rear of the property that would be perfect to store a Custom Car, Harley, or even a Tractor. Another shed would make a great tack room. There is a large Sea Container that is included in the sale. There is also a solar & gas water heater system. Copper plumbing, 2X6 outer wall construction, 5/8 fire rated drywall, oversized attic to walk in, and so much more. A must see property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017