26
Map
406 Elm Lake 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 |
|---|---|---|---|
| Jul 24, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Listed by Aplomb Real Estate | $229,900 | |
| Listed by Aplomb Real Estate | |||
| Oct 4, 2023 | Sold | ||
| Sold | |||
| Mar 15, 2023 | Listed by JLA Realty | $280,000 | |
| Listed by JLA Realty | |||
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Here's the home you have been looking for! Newer built 3 bedrooms, 2 baths, split floor plan, all walk in closets, new paint throughout, 2" faux blinds throughout, whole home water shut off system, high ceilings, fenced backyard, covered back patio, NO HOA, and close to everything! Have you food and groceries delivered to your house instead of picking up. Being close to both FM 1960 and FM 2100 makes commuting a breeze! This house offers an abundance of 42" custom kitchen cabinets, natural light throughout, storage closets, large open floor plan from living room through dining and kitchen, private backyard to enjoy, and quick water shut off system in laundry room. You will not want to miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017