4822 Elmbrook 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 |
|---|---|---|---|
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Jul 30, 2023 | Listed by RE/MAX Universal Northwest | $210,000 | |
| Listed by RE/MAX Universal Northwest | |||
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This classic residence has been lovingly maintained, making it an excellent investment for your family's future. You'll notice the well-kept exterior, showcasing the pride of ownership in this established neighborhood. The roof has been recently replaced, ensuring peace of mind for years to come. The owners have taken great care in updating key components of the house. The air conditioning system, water heater, pex piping, refrigerator, washer, dryer, and insulation have all been replaced within the last couple of years, reducing any concerns about immediate maintenance expenses. This property offers a fantastic opportunity for DIY enthusiasts to put their creative touches on the space. In summary, this well-maintained classic home in Klein, Texas, offers a solid foundation for your family's future. With recent updates and a wealth of potential for DIY upgrades. Don't miss the opportunity to make this house your own and start creating lasting memories in this delightful neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017