1503 Elden Hills Way
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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 17, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | In contract | - | |
| In contract | |||
| Mar 17, 2024 | Listed by RE/MAX Fine Properties | $364,900 | |
| Listed by RE/MAX Fine Properties | |||
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Beautiful ready to move in one story home located in the well established Falcon Landing neighborhood! Home features a spacious open concept floor plan that is warm and inviting for guest and family alike.The kitchen features stainless steel appliances, granite counter tops, and opens up to the living room and breakfast area to make it feel like the true heart of the home. The primary suite is generously spacious with an updated primary bath. No bak neighbors, NEW Water Heater as of 12/2023, NEW Roof as of 9/2023! Located just minutes away from fine dining and shopping, and zoned to the award winning Katy ISD.
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| Oct 8, 2023 | Listed by RE/MAX Fine Properties | $350,000 | |
| Listed by RE/MAX Fine Properties | |||
| | |||
|
Beautiful ready to move in one story home located in the well established Falcon Landing neighborhood! Home features a spacious open concept floor plan that is warm and inviting for guest and family alike.The kitchen features stainless steel appliances, granite counter tops, and opens up to the living room and breakfast area to make it feel like the true heart of the home. The primary suite is generously spacious with an updated primary bath. Located just minutes away from fine dining and shopping, and zoned to the award winning Katy ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017