37627 Elberta Lane
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%.
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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 |
|---|---|---|---|
| Sep 24, 2021 | Sold | ||
| Sold | |||
| Jul 21, 2021 | Listed by Nextgen Real Estate Properties | $679,000 | |
| Listed by Nextgen Real Estate Properties | |||
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You'll be amazed at this rare and exquisite home in Brookshire area! Conveniently located just a half mile from I-10, and minutes away from Katy Mills Mall, Typhoon Texas waterpark.This property has been fully remodeled from the slab to the roof (except for wall insulation and AC Units are 3 yrs), and nestled on 6.7 acres of land! It's an incredible build that features light gray stained concrete, high ceilings, and wide open concept. The kitchen features quarts countertops, premium cabinets, soft closing drawers with high grade stainless steel appliances, and a spacious walk-in pantry/laundry room.Access the game room/loft/study room by the brand new iron spiral stairs, and possesses plenty of space for furniture, pool table, shelves for books, desk. The primary bedroom includes a spacious bathroom with stunning walk-in shower. A guest suite was built with its own full bathroom and a private entrance/exit door that leads to the driveway. NEVER FLOODED!
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| Apr 5, 2021 | Sold | ||
| Sold | |||
| Jan 13, 2021 | Listed by Keller Williams Realty -SW | $315,000 | |
| Listed by Keller Williams Realty -SW | |||
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Affordable Horse property 10 minutes from Katy with a large home that has an open floor plan, high ceilings and lots of windows. Expanded garage has two spacious, air-conditioned hobby/work/storage rooms. Horse pasture has stables. Home is located on a lane with similar homes on similar size lots. Water has encroached on the property but this home has NEVER FLOODED. Known defects are foundation, siding and swimming pool needing refurbishing.
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| Jul 18, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017