10714 Elmdale Drive
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 29, 2022 | Sold | ||
| Sold | |||
| Aug 17, 2022 | Listed by KSP | $500,000 | |
| Listed by KSP | |||
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This expertly remodeled Cypress home will end your search! Gorgeous landscaping & majestic trees are just the beginning. Just inside note the wood-like tile flooring that runs seamlessly throughout the 1st floor. A formal living room opens to a dining room with built-in, lighted cabinetry. The adjacent classic kitchen is crafted with Corian countertops, an apron-front sink, a walk-in pantry, & a moveable island. A charming breakfast room rests in front of a picture window. You'll fall in love with an exquisite family room that boasts a shiplap accent wall, a wet bar, a fireplace, & a huge picture window overlooking a backyard oasis. The primary bedroom suite on the 1st floor offers custom built-ins & a lovely bath with a large step-in shower. A utility room, 2nd bedroom, & a half bath complete the 1st floor. Upstairs reveals a media room, full bath, 2 more bedrooms one with en-suite bath. Delight in a backyard sanctuary featuring a covered patio & a divine pool with a water fountain.
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About Norchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017