18818 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 |
|---|---|---|---|
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Listed by RE/MAX Integrity | $400,000 | |
| Listed by RE/MAX Integrity | |||
| Dec 19, 2020 | Sold | ||
| Sold | |||
| Nov 19, 2020 | Listed by Total Home Management | $315,000 | |
| Listed by Total Home Management | |||
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Location! Location! Location! Easy Access to Louetta, Cypresswood, FM 1960 and IH-45. Shopping and Dining Within Minutes of Home. This Elegant Four Bedroom, Three and a Half Bath Home Has a Private Pool and Hot Tub.
Oversized Detached Garage with Porta Cache. Large Kitchen with Island and Gas Cook Top. Neighborhood Pool and Tennis Courts are Right Around the Corner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017