1051 Althea Drive
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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 25, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Mazan Realty LLC | $1,517,000 | |
| Listed by Mazan Realty LLC | |||
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NEW CONSTRUCTION! Presenting another elegant masterpiece by BK Builder, redefining contemporary living in Garden Oaks. This exquisite home features solid hardwood floors and custom cabinetry throughout. Chef's kitchen equipped with full Thermador appliance package, including a 48" range, stainless steel built-in refrigerator & freezer, double ovens, oversized kitchen island, & designer plumbing fixtures. Expansive RAM windows flood the space with natural light. The primary retreat is a luxurious sanctuary, complete with a private coffee/wine bar, expansive walk-in closet, & a massive shower with dual fixtures. It boasts a full his-and-hers design with double vanities and toilets. Upper level houses a large laundry room and all bedrooms, each with a full bath & walk-in closet. Additional upgrades include 6" exterior walls, tankless water heaters, & more! This home exemplifies sophisticated design and modern functionality, offering unparalleled luxury and comfort in the heart of Houston.
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| Sep 20, 2024 | No longer available | - | |
| No longer available | |||
| Jul 1, 2024 | Listed by Mazan Realty LLC | $1,535,000 | |
| Listed by Mazan Realty LLC | |||
| | |||
|
NEW CONSTRUCTION! Presenting another elegant masterpiece by BK Builder, redefining contemporary living in Garden Oaks. This exquisite home features solid hardwood floors and custom cabinetry throughout. Chef's kitchen equipped with full Thermador appliance package, including a 48" range, stainless steel built-in refrigerator & freezer, double ovens, oversized kitchen island, & designer plumbing fixtures. Expansive RAM windows flood the space with natural light. The primary retreat is a luxurious sanctuary, complete with a private coffee/wine bar, expansive walk-in closet, & a massive shower with dual fixtures. It boasts a full his-and-hers design with double vanities and toilets. Upper level houses a large laundry room and all bedrooms, each with a full bath & walk-in closet. Additional upgrades include 6" exterior walls, tankless water heaters, & more! This home exemplifies sophisticated design and modern functionality, offering unparalleled luxury and comfort in the heart of Houston.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017