3766 Elmora Street
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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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2023 | Listed by Compass RE Texas, LLC | $3,349,000 | |
| Listed by Compass RE Texas, LLC | |||
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Fantastic pre-construction opportunity w/award-winning builder Scott Frasier Homes in Southside Place/West U! New home in heart of Southside Place on 7500 SF lot w/ pool size yard. Plans available, buyers may modify selections. 5 BRs, 5.5 BA + study+gameroom. Wine room, wet bar, butler's pantry, mud room, up & down laundry. High end lighting, hardware & plumbing fixtures. Quartz & marble counters, wide plank white oak floors, tile. Sub-Zero fridge, 48" Wolf range, 2 Cove dishwashers. Summer kitchen and elevator capable. White-washed brick exterior, shake/siding. One block from neighborhood Fire Truck Park, two acre park w/ clubhouse & pavilion for residents' use. Enjoy access to recently built pool complex/tennis courts, baseball field, basketball court and West U Elementary. City of Southside Place has its own city government, police/fire depts. Small town America in the big city! Make your appt. to meet w/ West U/Southside Place's premier builder for the past 25 years.
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017