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117 Elk Trace Parkway
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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 |
|---|---|---|---|
| May 20, 2026 | Sold | ||
| Sold | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by RE/MAX The Woodlands & Spring | $1,220,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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GOLF COURSE LOT: Rare opportunity to be on more than an acre in the highly sought-after community of Woodforest, zoned to MISD! This former Newmark model home offers a refined blend of luxury and privacy. The main residence features 4 bedrooms and 3.5 baths, including a spacious primary suite with a sitting area, fireplace, and spa-inspired bath. The home includes an expansive game room, media room, private study, formal dining room, plantation shutters, wood floors, and soaring ceilings. A detached casita with a full bath provides ideal space for guests or multi-generational living. Enjoy outdoor living on the covered patio with a built-in fireplace, remote controlled screens, and outdoor kitchen, all overlooking the expansive backyard. Additional highlights include a 4-car garage, circular driveway, whole-home generator, and a new roof, offering both comfort and peace of mind.
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| Apr 17, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
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About Elk-Trace Golf Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017