10611 Elmdale Drive
About This Property
Norchester neighborhood just off of Cypresswood and features 5 bedrooms (primary down) with 2 and 1/2
baths, along with formal living, dining, and breakfast nook. Fresh paint, fixtures, and carpet are the most
current of the updates however most of the house was updated in 2018. All per Seller
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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 27, 2024 | Sold | ||
| Sold | |||
| Nov 15, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Maddie Lowe Properties | $330,000 | |
| Listed by Maddie Lowe Properties | |||
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Located in the desirable Norchester neighborhood, 10611 Elmdale boasts 5 bedrooms, 2.5 bathrooms, and a spacious layout perfect for entertaining. With a detached garage, granite counters, and stainless steel appliances, this home is move-in ready for its next lucky owner. Enjoy the convenience of a long driveway for ample parking and a prime location near Cypresswood. Don't miss out on this fantastic opportunity to own a piece of Houston real estate history!
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| Aug 17, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by Greenwood King Properties | $325,000 | |
| Listed by Greenwood King Properties | |||
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Welcome to 10611 Elmdale Dr! This single owner home is ready for its next! This property is located in the
Norchester neighborhood just off of Cypresswood and features 5 bedrooms (primary down) with 2 and 1/2
baths, along with formal living, dining, and breakfast nook. Fresh paint, fixtures, and carpet are the most
current of the updates however most of the house was updated in 2018. All per Seller
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About Norchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017