42
Map
2011 Waterelm Drive
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 |
|---|---|---|---|
| Apr 8, 2025 | Sold | ||
| Sold | |||
| Mar 13, 2025 | In contract | - | |
| In contract | |||
| Mar 6, 2025 | Listed by Compass RE Texas, LLC - Houston | $260,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Nov 3, 2022 | Sold | ||
| Sold | |||
| Sep 28, 2022 | Listed by Nexus One Properties | $250,000 | |
| Listed by Nexus One Properties | |||
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Come see this beautifully updated and open floor-plan home featuring 3 bedrooms, 2 bathroom, upgrades include light fixtures, fully renovated bathroom, granite counter tops, covered patio, fresh paint throughout the interior and exterior. The backyard has been updated and features concrete/tile pavers lined with gray pebble rocks. It has a modern and low maintenance feel! Click to video icon.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017