7811 Elm Birch
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 |
|---|---|---|---|
| Jun 9, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| Mar 15, 2025 | Price Decreased |
$275,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Feb 26, 2025 | Listed by MIH REALTY, LLC | $285,000 | |
| Listed by MIH REALTY, LLC | |||
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Seize the chance to own this newly built D.R. Horton home in Caldwell Ranch, already leased for immediate rental income but with the option to terminate for a traditional buyer! This one-story Denton floor plan offers 1,575 sq. ft. of modern living space, featuring 3 bedrooms, 2 bathrooms, and an open-concept design that seamlessly connects the kitchen, dining, and family rooms. The stylish kitchen boasts stainless steel appliances, a large walk-around island, and countertops. The spacious primary suite includes dual sinks, an oversized walk-in shower, ample storage, and a walk-in closet. Premium features include: Covered rear patio,Smart home security automation, Blinds throughout, Full sprinkler & landscape package (front & back yard). Access to top-tier community amenities: Pool, resort-style slides, BBQ pavilion, playground, soccer field & more! Not in a flood zone! A turnkey investment with built-in cash flow and flexibility for a traditional buyer. Don’t miss out—contact us today
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| Aug 25, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017