1218 Split Elm Drive
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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.
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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 |
|---|---|---|---|
| Jan 11, 2021 | Sold | ||
| Sold | |||
| Dec 16, 2020 | Listed by Walzel Properties | $224,200 | |
| Listed by Walzel Properties | |||
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This Beautiful Lot Has 3 Acres in Sienna Point. Waterview !! No back Neighbors!! Lot is cleared!! Come Build Your Custom Dream Home. This property is zoned to Fort Bend and NO MUD Taxes! Horses are allowed, 1 per acre. Do not miss this great opportunity!
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| May 14, 2019 | Sold | ||
| Sold | |||
| Oct 11, 2018 | Listed by RE/MAX Fine Properties | $199,900 | |
| Listed by RE/MAX Fine Properties | |||
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Gorgeous 3.02 acre lot in the heart of Sienna Point. Pretty property that also backs up the Oyster Creek which runs through the subdivision. Perfect setting to build your dream home in the quiet of the country yet only be minutes from the Med Center, Galleria & Downtown. Horses are allowed as you can have one horse per acre. See deer & wildlife too! Close to Hwy 6, Fort Bend Tollway & Hwy 288 for easy access to town. Minutes to Sugar Land Town Center, First Colony Mall & Pearland too for shopping & dining. Plus close to all the new retail development, shopping and eating establishments around the entrance to Sienna Plantation at Highway 6.
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About Sienna Point
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$10,000 /mo
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$2,950 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017