18818 Cove Mill Lane
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%.
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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | In contract | - | |
| In contract | |||
| Feb 11, 2025 | Listed by All City Real Estate | $385,000 | |
| Listed by All City Real Estate | |||
| Jun 10, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2022 | Listed by RE/MAX Tyler | $374,900 | |
| Listed by RE/MAX Tyler | |||
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Well maintained single story home in Bridgeland! Welcoming front porch leads to well designed entry and study with French doors. Open living area featuring wood floors, corner fireplace and plantation shutters overlooks large covered patio, outdoor cooking station with water, and spacious backyard. Kitchen features island, SS appliances and designer backsplash. Large primary BR with separate vanities, large shower, soaking tub and walk in closet. Granite counters throughout. Just minutes from lake and walking paths, park, and elementary school.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017