18406 Forest Elms Drive
About This Property
Enjoy the luxurious feel of hardwood, marble, tile, and carpet flooring throughout. The home also boasts a large pantry, a detached 2-car garage, and a sprinkler system for easy maintenance. The beautifully landscaped front and back yards provide an inviting outdoor oasis - large lot measure 9050sf. Nestled in a wooded neighborhood, this home is just 25 minutes from The Woodlands and IAH Airport. Move-in ready today, with potential to make your upgrades later! Don't miss this market-priced-to-move gem-schedule your showing today!
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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 27, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Dec 9, 2024 | Relisted | $365,000 | |
| Relisted | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by eXp Realty LLC | $365,000 | |
| Listed by eXp Realty LLC | |||
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Discover your dream home at 18406 Forest Elms Drive in the picturesque Cypresswood community of Spring, TX! Impressive 2-story brick home offers 4 spacious bedrooms, including a primary suite conveniently located on the main floor, and 3.5 baths. With 2,945 sq. ft. of living space & delightful gameroom upstairs, perfect for family fun. The kitchen features double ovens and comes complete with appliances, making meal prep a breeze.
Enjoy the luxurious feel of hardwood, marble, tile, and carpet flooring throughout. The home also boasts a large pantry, a detached 2-car garage, and a sprinkler system for easy maintenance. The beautifully landscaped front and back yards provide an inviting outdoor oasis - large lot measure 9050sf. Nestled in a wooded neighborhood, this home is just 25 minutes from The Woodlands and IAH Airport. Move-in ready today, with potential to make your upgrades later! Don’t miss this market-priced-to-move gem—schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017