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8345 ELGIN DRIVE
About This Property
perfect blend of privacy and low-maintenance living. Step inside and you'll immediately feel at
home with a bright, open layout featuring beautiful tile flooring in the main living areas and
warm wood laminate in the bedrooms creating both style and durability. The fully remodeled
kitchen and bathrooms bring a fresh, modern touch, making everyday living feel just a little more
luxurious. Whether you're enjoying your morning coffee in the dining area or hosting friends in
the spacious living room, this home is designed for easy, comfortable living. Need storage or
space for hobbies? The oversized 2-car garage has you covered, plenty of room for vehicles,
tools, and everything in between. But the lifestyle doesn't stop at your front door...
Timber Oaks offers a vibrant community atmosphere with a clubhouse full of activities, plus a
sparkling pool, tennis & pickleball courts, bocce, and shuffleboard, and so much more, all for an
incredibly low $55/month HOA. This isn't just a home... it's a lifestyle upgrade. Come see it
today and start living the way you deserve!
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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 |
|---|---|---|---|
| Aug 25, 2026 | Sold | ||
| Sold | |||
| Jul 28, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Price Decreased |
$240,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Jun 9, 2026 | Relisted | $249,900 | |
| Relisted | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
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About Timber Oaks
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,550 /mo
- 2 Beds
- 2 Baths
- 1,072 ft²
$1,550 /mo
- 2 Beds
- 2 Baths
- 1,072 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017