18410 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 |
|---|---|---|---|
| Jul 2, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 29, 2024 | Listed by eXp Realty LLC | $470,000 | |
| Listed by eXp Realty LLC | |||
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Welcome to 18410 Forest Elms Dr, Spring Texas! This stunning 2-story home is a true gem - nicest in its neighborhood and fully updated - shows like a model home! With 4 bedrooms and 3.5 baths, it offers ample space. The fully updated kitchen is a chef's dream, while the updated master bathroom exudes luxury, with a jetted tub and tiled shower. Primary walk-in closet features a custom closet system ensures optimal organization. Open concept floorplan boasts a large family/game room upstairs. Never worry about power outages with the whole-house 20kw Cummins backup generator. Enjoy outdoor entertainment with the outdoor TV & sound system while you relax in the refreshing pool and spa. The in-ground sprinkler system keeps the beautifully landscaped yard looking its best, plus an extensive landscape lighting system. Don't miss the chance to call this home yours! Tankless water heater, roof only 5 years old, home recently pre-inspected and is ready to move in! You'll be swimming soon!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017