18311 Forest Elms 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 |
|---|---|---|---|
| Nov 21, 2023 | Sold | ||
| Sold | |||
| Oct 27, 2023 | Listed by eXp Realty LLC | $360,000 | |
| Listed by eXp Realty LLC | |||
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Lush landscaping and beautiful curb appeal set the tone for what's to come inside this custom, move in ready home. So many updates, you won't be disappointed! Formal dining w/French doors, tiled entry & family room, brick fireplace, gorgeous kitchen updated with Silestone countertops & recessed lighting, breakfast room w/bay window, primary bedroom & updated bath downstairs, large gameroom upstairs (pool table included!), 3 additional bedrooms & a bath with 2 sinks and separate wet area. Wait until you see the backyard! It features a Pool/Spa, covered patio with tube lighting & ceiling fans, Carve stone patio & decking, greenhouse with power & water & a Generator! Double pane windows, gutters, hardiplank siding, detached garage, roof
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017