18311 Trace Forest 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 |
|---|---|---|---|
| Dec 21, 2021 | Sold | ||
| Sold | |||
| Nov 10, 2021 | Listed by Compass Re Texas, LLC | $365,000 | |
| Listed by Compass Re Texas, LLC | |||
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Super Stately, Well Maintained 4BR, 3.5BA Memorial Northwest Showstopper offering Tons of Recent Updates! Gorgeous Entry with private Home Office & Formal Dining both featuring Gorgeous Hardwoods + Recent Paint! The Den is accented by High Ceilings + Gas Log FP + Hardwoods + Wet Bar! This Island Kitchen features TONS of Natural Light, recent Double Ovens & Dishwasher + Oversized Breakfast Area! The Primary Bedroom, located on the 1st Floor, boasts Wood Floors & French Doors to Patio + Dual Sinks, Sep Tub & Shower + Updated Lighting & Mirrors. Need More Space? Check out the E-N-O-R-M-O-U-S 2nd floor Game Room with Built-ins + Loft area featuring New Carpet + Fresh Paint + New Lighting & Double Staircase! Upstairs also features a Second Primary BR with En-Suite Bath & HUGE Walk in Closet plus 2 additional Secondary Bedrooms (they are also HUGE) w/3rd Full Bath - All w/Recent Paint + Lighting + Mirrors + Toilets! Zoned to Highly Rated KLEIN ISD, just minutes to Area Schools & Shopping!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017