6639 Elks Trace
About This Property
In addition to the generous living space, this home also features a game room, providing the perfect spot for relaxation or play. Imagine waking up to tranquil views of the lake right from your own backyard, creating a peaceful and serene atmosphere. Don't miss the opportunity to make this lakefront oasis your own and experience the joy of lakeside living every day. Zoned to the highly desirable Lamar ISD.
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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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jun 2, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by RE/MAX Signature | $384,000 | |
| Listed by RE/MAX Signature | |||
| Sep 14, 2023 | Listed by RE/MAX Signature | $390,000 | |
| Listed by RE/MAX Signature | |||
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Welcome to your dream home on the water located in Deer Run Meadows! This stunning 4 bedroom, 2.5 bath home was built in 2021 and sits on a prime lot with beautiful water views. The spacious open floor plan boasts high ceilings, plenty of natural light, and wood tile floors. The modern kitchen features stainless steel appliances, granite countertops, and a large island perfect for entertaining. Downstairs you'll find a luxurious primary suite with a walk-in closet and ensuite bathroom. Upstairs offers three additional bedrooms and a full bath with plenty of room for everyone plus a large game room. Enjoy the peaceful waterfront setting from the comfort of your backyard. Don't miss out on this incredible opportunity to own a brand-new home on the water!
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About Fort Bend
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Last Updated: 4 months ago
Data Source: HAR , MLS# 91417820
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Address: 335 Madison Avenue, New York, NY 10017