18111 EMERALD FOREST DR
About This Property
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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%.
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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.
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 10, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | Listed by Vista View Realty | $575,000 | |
| Listed by Vista View Realty | |||
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Welcome to the epitome of upscale living in the heart of the 24-hour manned security entrance Emerald Forest neighborhood!! The High Ceiling Grand Entry welcomes you into this well-designed 1 Story floorplan * This exquisite 4 Sided Brick Home has 4-bedrooms with the front bedroom being used as a great office space, 2.5-bathroom residence showcases a gourmet kitchen with a generous cooktop island that serves as a haven for culinary enthusiasts and entertainers alike with Solid Countertops, Huge Pantry, Stainless Steel Appliances * Elegant Dining Room with High Triple Crown Moldings and Wood Floors, Lots of Tall Windows for Natural Light throughout the house * The living area is bathed in natural light streaming through huge picture windows with a Fire Place, creating an inviting space that seamlessly blends contemporary design with the warmth of Texas charm * Formal Living Room with Wood Floors or the space could be used for many flexible room ideas for entertainment * Step into relaxation on the over a 1/4 acre Lot with a Covered Back Patio along with a Pergola and Brick Patio, Privacy Fence and lots of mature trees and plants, a perfect retreat for enjoying the outdoors in comfort * The masterful design home extends to the upgraded Owners Retreat Bathroom with Beautiful Updated Tile Work and Cabinets, Jacuzzi Tub, Large Separate Shower, Separate Double Vanities - Within the community, amenities abound with a refreshing pool to beat the Texas heat, Tennis Court, Sports Court and a Walking/Jogging Trail that is a 1.4 mile (3,500-step) route * Schedule a showing and experience the captivating fusion of elegance and convenience that awaits you!!
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| May 27, 2007 | Sold | ||
| Sold | |||
| Apr 18, 2007 | Listed by Keller Williams Legacy | $395,000 | |
| Listed by Keller Williams Legacy | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017