10823 Overlea Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 30, 2026 | Sold | ||
| Sold | |||
| Mar 29, 2026 | In contract | - | |
| In contract | |||
| Nov 23, 2025 | Price Decreased |
$265,000
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Aug 25, 2025 | Listed by ABSOLUTE Realty Group Inc. | $275,000 | |
| Listed by ABSOLUTE Realty Group Inc. | |||
| |||
|
Welcome to 10823 Overlea Dr, located in the sought-after subdivision of Rainbow Valley Sec 4 in the South Belt–Ellington area!
This beautifully renovated, move-in ready home features a functional floor plan with spacious living areas, modern fixtures throughout, and thoughtful upgrades—including a new HVAC & duct system, 90% new PEX plumbing, ceiling insulation, updated electrical to code, and fresh paint inside and out.
Enjoy active fun in your back yard with a private pickleball court—an exciting bonus not often found in the neighborhood.
Conveniently positioned near Beltway 8 and Southwest Freeway (I-69/US 59), this home offers seamless access to shopping, dining, entertainment, and excellent schools. With no HOA, you have the freedom to enjoy your property without extra restrictions.
| |||
| Apr 3, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017