414 Elm Lake 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 |
|---|---|---|---|
| Nov 18, 2021 | Sold | ||
| Sold | |||
| Oct 8, 2021 | Listed by 1st Texas, Realtors | $239,900 | |
| Listed by 1st Texas, Realtors | |||
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Welcome to your new home! This charming home is tucked away in a beautiful neighborhood just down the street from Lake Houston! You can’t go wrong with this great home on a huge double lot, which includes a standalone metal building workshop and 2 car car-port AND an RV carport!! It features a large living room area with easy and open access to the updated kitchen. Perfect for hosting parties! Check out the backyard oasis, complete with a patio bar and a unique, custom firepit for those gentle fall evenings. Just minutes away from great shopping and dining options, this home is a perfect retreat from the hustle and bustle of the city, while staying connected to the conveniences of modern life. Come check it out today!
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| Dec 4, 2020 | Sold | ||
| Sold | |||
| Oct 22, 2020 | Listed by JLA Realty | $199,000 | |
| Listed by JLA Realty | |||
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Fall in love with this immaculate kept perfect starter home on TWO lots!
Enjoy the large family room area, that is open to the kitchen and breakfast nook.
Kitchen has been updated with solid wood cabinets and granite counter tops.
The outdoor patio is perfect for entertaining.
WAIT...It has a 18'x36' shop and a covered RV 12' x30' RV parking spot.
You WILL NOT want to miss out on this one, schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017