106 Forest Elk Place
About This Property
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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%.
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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 28, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | Listed by Pop Realty | $398,000 | |
| Listed by Pop Realty | |||
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If quiet tree-lined streets with sprawling trees and friendly neighbors is what you're looking for - this home is for you! Nestled in the very desirable subdivision of Woodforest. You won't find a more immaculate maintained 3 beds and 2 bath home on a large lot with no back neighbors. Upon entering the home, you'll find a home office/flex space, as well as a large living area, breakfast area and formal dining area, you will have lots of room to enjoy your new home! Living area has a beautiful fireplace at the center, surrounded by built-ins, as well as windows looking out over the covered back patio. Zoned to exemplary CISD and is located in the highly desirable golf course community of Woodforest. The neighborhood provides a ton of amenities including; 2 resort-style pools, clubhouse, walking/biking trails, splash pad, parks, and more!
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| Jul 12, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by CB&A, Realtors | $320,000 | |
| Listed by CB&A, Realtors | |||
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Located in a quiet cul-de-sac, this home is surrounded by mature trees and landscaping, with no back neighbors for added privacy. 3 bedrooms and 2 bathrooms, with an office in the front of the house, as well as a large living area, breakfast area and formal dining area, you will have lots of room to enjoy your new home! Living area has a beautiful fireplace at the center, surrounded by built-ins, as well as windows looking out over the back patio. This one is a must see! *Seller is planning to add sod where the trampoline was removed in the back yard, but has not been able to find grass yet!
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About Elk-Trace Golf Estates
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$1,395 /mo
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$3,250 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017