11603 Elm Estates Drive
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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 |
|---|---|---|---|
| Jun 14, 2021 | Sold | ||
| Sold | |||
| May 10, 2021 | Listed by Keller Williams Realty -SW | $319,900 | |
| Listed by Keller Williams Realty -SW | |||
| | |||
|
Never flooded!!! Introducing a lovely updated two-story home in the well-established community of April Village, near the Energy Corridor. This home is located on a spacious (over 1/4 acre) cul-de-sac lot with beautiful mature trees with tasteful landscaping. Home features include a formal dining room, large family room with built-in shelves, fireplace and wet bar. Recently remodeled kitchen and bathrooms boast granite countertops and marble tile-work. Other updates include NEW HVAC, bamboo hardwood floor, new energy efficient double-pane windows, modern color pallet. All 4 bedrooms are located upstairs. Master Suite boasts a spa-like en-suite bathroom with Turkish marble shower and walk-in closet. Enjoy barbecues with friends in the spacious landscaped backyard with large wooden deck and benches. Community pool and playground are within walking distance. Close to tons of shopping and restaurant options. You’ll love this GEM!
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| Aug 2, 2019 | No longer available | - | |
| No longer available | |||
| Mar 11, 2019 | Listed by Keller Williams - Houston SW | $315,000 | |
| Listed by Keller Williams - Houston SW | |||
| | |||
|
Never flooded!!! Introducing a lovely updated two-story home in the well-established community of April Village, near the Energy Corridor. This home is located on a spacious (over 1/4 acre) cul-de-sac lot with beautiful mature trees with tasteful landscaping. Home features include a formal dining room, large family room with built-in shelves, fireplace and wet bar. Recently remodeled kitchen and bathrooms boast granite countertops and marble tile-work. Fridge stays with the house. Other updates include bamboo hardwood floor, new energy efficient double-pane windows, modern color pallet. All 4 bedrooms are located upstairs. Master Suite boasts a spa-like en-suite bathroom with Turkish marble shower and walk-in closet. Enjoy barbecues with friends in the spacious landscaped backyard with large wooden deck and benches. Community pool and playground are within walking distance. Close to tons of shopping and restaurant options. Youll love this GEM! The manager has listed the unit size as 2350 square feet.
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| Mar 9, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017