703 N Elder Grove 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 |
|---|---|---|---|
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | Listed by Prime Realty Group | $424,999 | |
| Listed by Prime Realty Group | |||
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Fantastic, oversized corner lot in the gated community of Lakes of Countryplace offers this one-story spacious home. Well-manicured and maintained landscaping with recent mulching. Outdoor lighting and security system installed recently. Inside you will find tile flooring throughout the open concept living spaces. In the family room you will find a wet bar and fireplace, high ceilings with plenty of natural light. Large kitchen space with plenty of cabinet storage along with granite counter tops and breakfast island. This plan offers 3 bedrooms, 4th room can be used as a guest room or office, 3 full bathrooms and 3-car garage. Bedroom carpets have all been professionally cleaned. Located in golf course community, swimming pool, playgrounds and lakes. Close to Pearland Town Center and other attractions, near South Frwy 288 and TX-beltway 8 a short commute to medical center and downtown. This home has it all!
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| Sep 25, 2020 | Sold | ||
| Sold | |||
| Apr 8, 2020 | Listed by Keller Williams Realty -SW | $319,900 | |
| Listed by Keller Williams Realty -SW | |||
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An Amazing One Story Home on a Huge Oversized Corner Lot in the desirable Gated Community of Lakes at Countryplace. Yard has Lush Landscaping and is well manicured. A fabulous floor plan with Multiple Living Areas in an open concept. A huge Island Kitchen with Granite Counters, Stainless Steel Appliances and an abundance of cabinet space. A large Wet Bar area is located in the Family Room/Den making it ideal for Entertaining. High Ceilings, Custom Window Treatments, a Fireplace and so much more! This is a 3 Bedroom Home + Study with 3 Full Bathrooms plus a 3-Car Garage. Located in a Golf Course Community with a Swimming Pool, Tennis Courts, Playgrounds, Lakes and More! Close to Area Shopping and Restaurants Too! Your Search Stops here! Contact your AGENT TODAY for a showing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017