423 Elmlake
About This Property
It has easy access to FM 1960 and FM 2100. Either direction is a breeze. Very quiet neighborhood and close to everything. Huffman, Atascocita, Crosby, etc... The cleared lot is on a dead end street, so no traffic. Great place to live and raise a family. It is zoned to highly rated Huffman ISD. The seller has a current survey willing to pass to the new buyer, saving you money.
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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 |
|---|---|---|---|
| Sep 26, 2023 | Sold | ||
| Sold | |||
| Aug 4, 2023 | Listed by Upside Realty | $299,500 | |
| Listed by Upside Realty | |||
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Come see this Newly Build, beautiful Lakeside Manor charmer !! Hurry, It won't last long !!!
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| Jan 27, 2021 | Sold | ||
| Sold | |||
| Jan 10, 2021 | Listed by JLA Realty | $32,000 | |
| Listed by JLA Realty | |||
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Here is a fantastic location to build your dream home. This lot is within walking distance to Lake Houston.
It has easy access to FM 1960 and FM 2100. Either direction is a breeze. Very quiet neighborhood and close to everything. Huffman, Atascocita, Crosby, etc... The cleared lot is on a dead end street, so no traffic. Great place to live and raise a family. It is zoned to highly rated Huffman ISD. The seller has a current survey willing to pass to the new buyer, saving you money.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017