5539 Cedar Elm Lane
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 |
|---|---|---|---|
| Nov 2, 2022 | Sold | ||
| Sold | |||
| Aug 31, 2022 | Listed by RE/MAX Cinco Ranch | $500,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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Wonderful 2-story Trendmaker, 4 Bedroom (two bedrooms on the 1st level), 3 Full Baths (two on the 1st level) with high end finishes throughout. Stone and brick front elevation. The amazing open concept floorplan is great for entertaining. The Den has high ceilings and the transom windows provide an abundance of light, and also includes a cast iron fireplace and wood flooring. The island kitchen is a chef's delight featuring a stainless steel gas cooktop/appliances with a mantle vent hood, granite countertops, undermount lighting, undermount stainless steel sink, breakfast bar and wood flooring. Spacious primary bedroom with Ensuite bath, dual sinks, garden tub and tiled walk-in shower, and vanity area. Large walk in closet. Spacious secondary bedrooms with walk-in closets. Additional floored attic storage. Enjoy your morning/evenings under the pergola patio area. Summer Kitchen. Sprinkler system. Award winning Katy ISD Schools. Resort style amenities. Call to book your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017