9058 Elm 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 |
|---|---|---|---|
| Nov 9, 2023 | Sold | ||
| Sold | |||
| Oct 14, 2023 | Listed by HomeSmart | $280,000 | |
| Listed by HomeSmart | |||
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Beautiful lake house located close to the Lake Conroe area. Property is back to a beautiful private lake with boat launching piers and fishing decks. Property sits on an almost one acre lot and has 3 large bedrooms and 2 full bathrooms, plus formal living, dinning and family rooms. A huge back wood deck overlooking the lake perfect for enjoying your morning coffee or after work relaxation! This property can be your primary residence, or weekend getaway! Schedule your show to view this beautiful property before it is gone!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017