18834 Forest Elms Drive
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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%.
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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.
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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 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 15, 2026 | Listed by eXp Realty LLC | $650,000 | |
| Listed by eXp Realty LLC | |||
| Apr 16, 2026 | Listed by eXp Realty LLC | $675,000 | |
| Listed by eXp Realty LLC | |||
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Tucked away in The Thicket at Cypresswood, this stunning estate sits on a .34-acre cul-de-sac lot surrounded by other stately homes. Designed for both comfort & entertaining, the home features 5 spacious bedrooms plus a private guest, staff or in-law suite above the garage w/a full bath, kitchenette, private entrance & access from the main home. The expansive family room is filled w/natural light from walls of windows overlooking the pool & oversized backyard. Inside, you’ll find 4 full baths, 1 half bath, large laundry room w/counter space, wood flooring & lots of storage throughout. The open-concept kitchen boasts 2 islands, double ovens & 2 pantries, including a walk-in w/extensive shelving. A formal dining room w/French doors, game room up, den & luxurious primary retreat w/backyard access & huge closet complete the interior. House is generator ready. Ample parking w/a porte-cochere, oversized 2-car garage & extended driveway. This quiet neighborhood has a pool & pickleball courts!
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| Sep 14, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed by RE/MAX The Woodlands & Spring | $550,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Come see this gorgeous home on a quiet cut-de-sac lot in the fantastic Cypresswood location!Thhis home has it all, including double paned windows, huge family room open to the kitchen, beautifully resurfaced pool, double pantry, one of them a walk-in w/room for extra Fridge!All 5 bedrooms in this home are spacious, & the big room above the garage has it's own bath & could easily be a 6th bedroom, office, media room, or craft room.Having both formals means you have a super versatile floor plan in case you need two offices, two game rooms, or space for any of your other needs.One of the largest lots in the neighborhood, coupled with the cul-de-sac location, means you have a gorgeous pool, spacious covered patio, lots of room for chaise lounges, tables & chairs, & there is still a ton of room to run & play.Oversized two car drive through garage has room for a workshop & extra storage, & an additional staircase to get to the extra room upstairs. Roof replaced about 4 years ago. No Carpet!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017