1047 Althea 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 |
|---|---|---|---|
| Apr 20, 2023 | Sold | ||
| Sold | |||
| Mar 15, 2023 | Listed by Energy Realty | $997,000 | |
| Listed by Energy Realty | |||
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Please submit, highest and best offer by Monday at 12. Beautiful RECENT CONSTRUCTION in Garden Oaks! Stunning MODERN FARMHOUSE exterior meets timeless elegant design, in this amazing 2 story home. Driving up to the CHARMING exterior, you will be impressed by the brick and wood design. Gleaming engineered WOOD FLOORING draw you into an OPEN CONCEPT DESIGN with HIGH CEILINGS and tons of NATURAL LIGHT. Gather loved ones around an EXPANSIVE KITCHEN ISLAND, enhanced with white and gray QUARTZ. This WELL DESIGNED floor plan has a full bath and flex room on the first floor-the PERFECT PLACE for an office or guest bedroom! The primary suite is CONVENIENTLY located upstairs with 3 SPACIOUS bedrooms. Made for relaxation, the primary suite is EXCEPTIONALLY large, with tray ceilings and bright windows. The primary bath rivals any spa with dual sinks, separate soaking tub and standing shower. This home is IDEALLY LOCATED, and is just a short drive from many popular Houston locations.
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| Jul 15, 2019 | No longer available | - | |
| No longer available | |||
| May 23, 2019 | Price Decreased |
$894,000
↓ $3K
(0.4%) | |
| Price Decreased | |||
| Jan 14, 2019 | Listed by Keller Williams - Houston Metropolitan | $897,099 | |
| Listed by Keller Williams - Houston Metropolitan | |||
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5 Bedroom 4 Bath new construction home in highly sought after Garden Oaks. Open concept living space/kitchen/dining with wood floors. Large Breakfast Room off Kitchen. Spacious Kitchen has 42'' Cabinets w/ stainless steel appliances. Covered Patio off the Kitchen large enough to host a party! Home has TONS of Natural Light with a Wall of Windows in the Family Room. Master Bedroom with Box Tray Ceiling, Master Bath has Large Shower, Soaker Tub, and Double Sinks. Large Guest Rooms with an extra bedroom downstairs that can be used as a study. Nice Sized Backyard with plenty of room for a pool. Beautiful Landscaping with Sprinkler System. Buyer to verify measurements. Zoned to Garden Oaks Elem. New construction up and down street. Beautiful tree lined block of GO. The manager has listed the unit size as 3395 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017