14477 Elmore 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 |
|---|---|---|---|
| Jan 14, 2022 | Sold | ||
| Sold | |||
| Oct 28, 2021 | Listed by Century 21 Parisher Prop. | $739,900 | |
| Listed by Century 21 Parisher Prop. | |||
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Enjoy open water views from 8 french doors & 11 windows of this beautiful custom lake front home. Situated adjacent to the National Forest, you won't believe this 3/3/2 gem at the water's edge. A double driveway connects to the sidewalk that will take you down to your private covered pier & around to your lake facing front door & a set of porches that run the length of the home. Pride of ownership is evident in the thoughtful layout & condition of this custom build w/multiple unobstructed views of Lake Conroe. Attention to detail is everywhere; huge pantry, stainless appliances, granite countertops thru-out, gorgeous wood laminate flooring & sculpted carpets, + primary bath w/dual head walk-in shower & seat, corner soaking tub & 13' x 11' closet w/chute into an oversized laundry w/sink & doggy door. Great storage & utility compliment luxury living on the water w/views from the office & work shop, all bed rms, dining & living spaces... even the She-shed w/ A/C has a fabulous lake view!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017