19068 Elm Drive
About This Property
Discover carefree living in this delightful open-concept home nestled within the serene 55+ gated community of Jess Ranch. Boasting curb appeal, the home welcomes you with a warm and inviting atmosphere.
The well-maintained kitchen overlooks the peaceful neighborhood, making meal prep a pleasure. The spacious master bedroom offers a tranquil retreat, while the shared Jack and Jill bathroom adds convenience. Step outside to your private patio, a perfect escape for relaxation shaded from the afternoon sun. Enjoy the close proximity to the Jess Place Market Place shopping center, featuring Target, dining options, a movie theater, and a fitness center. This home is a perfect blend of comfort, style, and community living.
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Cap Rate Calculator
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 14, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2024 | In contract | - | |
| In contract | |||
| Nov 16, 2024 | Relisted | $273,900 | |
| Relisted | |||
| Oct 27, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $273,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017