9331 ELIDA ROAD
About This Property
Inside, you'll find a beautifully renovated interior featuring vaulted wood ceilings, clean white walls, and arched entryways that add architectural character throughout. The open-concept layout is perfect for entertaining, while large picture windows bring in an abundance of natural light.
The spa-inspired bathroom showcases floor-to-ceiling wood-look slat tile, a frameless glass rainfall shower, freestanding soaking tub, and stylish hexagon tile flooring.
Outside, a long paver driveway leads through a custom gated entrance with lion statues and full perimeter fencing. The property includes a 30-foot-long by 12-foot-wide detached garage with a 12-foot-tall roll-up door and full electrical power-ideal for RVs, trailers, a workshop, or additional storage.
Equestrian amenities include a large barn with horse stalls, a tack room, and fully fenced turnout and paddock areas-perfect for horses or hobby farming.
This turnkey estate offers privacy, flexibility, and upscale living, all within a short drive to shopping, dining, and major highways.
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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 |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Aug 5, 2025 | Listed by RE/MAX ALLIANCE GROUP | $599,900 | |
| Listed by RE/MAX ALLIANCE GROUP | |||
| Jul 8, 2025 | Price Decreased |
$629,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Jun 3, 2025 | Price Decreased |
$649,000
↓ $20K
(3%) | |
| Price Decreased | |||
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017