216 Elm Patch 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 21, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by eXp Realty, LLC | $298,900 | |
| Listed by eXp Realty, LLC | |||
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Multiple offers received. Welcome to this charming 4 bedroom, 2.5 bath, 2-story home in Katy, TX! The Cypress floor plan features a welcoming covered entry and bay window overlooking the front yard landscaping. With a private master suite downstairs and three additional bedrooms upstairs, this home offers abundant living space and storage. A generously sized family room, separate dining room and open kitchen with large pantry make entertaining at home a pleasure. The Cypress comes equipped with a full suite of kitchen appliances, granite countertops and designer flooring. Refrigerator stays with house
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| Apr 30, 2020 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by LGI Homes | $220,900 | |
| Listed by LGI Homes | |||
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Loaded with curb appeal, the Cypress features a welcoming covered entry and bay window overlooking
the front yard landscaping. With a private master suite downstairs and three additional bedrooms
upstairs, this home offers abundant living space and storage. A generously sized family room, separate
dining room and open kitchen with large pantry make entertaining at home a pleasure. The Cypress
comes equipped with a full suite of kitchen appliances, granite countertops and designer flooring.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017