328 Elm Drive
About This Property
Property will be sold as-is condition with no repairs. Buyer and buyer's agent to verify all information contained Herein.
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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 10, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | Listed by INC Realty LLC | $433,000 | |
| Listed by INC Realty LLC | |||
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Discover this fully remodeled 4 Bed, 3 Bath house, nestled in the heart of Rockwall. With its modern upgrades, prime location, & access to Rockwall ISD schools, this home is a true gem. As you step into this home you will be welcomed to a stunning new kitchen, complete with stainless steel appliances, sleek quartz countertops, new flooring, & ample space. Both bathrooms have been fully remodeled, along with the two master suites, offering versatile living options. The large lot provides abundant outdoor space for leisure and entertainment, while the convenient 2-car garage adds to the home's practical appeal. Situated within walking distance to a local elementary school, various restaurants, and shopping outlets, daily life here is both easy and enjoyable. The vibrant Downtown Rockwall, with its myriad of attractions, is just a minute's drive away. For those who love the outdoors, Lake Ray Hubbard is a mere 5-minute drive, ideal for weekend getaways or evening strolls.
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| Jan 11, 2024 | No longer available | - | |
| No longer available | |||
| Jan 7, 2024 | Relisted | $468,000 | |
| Relisted | |||
| Jan 6, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017