3507 Broken Elm Drive
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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 |
|---|---|---|---|
| Feb 2, 2021 | Sold | ||
| Sold | |||
| Dec 31, 2020 | Listed by RE/MAX Signature | $268,000 | |
| Listed by RE/MAX Signature | |||
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Beautiful 3 Bedroom 2.5 Bathroom home in Klein ISD with a pool, located minutes from I-45 and a small commute to the Woodlands. The kitchen is loaded with granite and has a great view to the pool, so you can cook while you entertain, all at the same time. Bathrooms also include granite counters. The master bedroom is located downstairs, while the other two rooms are up, along with a flex/ game room that is currently being used as an office space. Notice the great green space next to the pool. Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017