12023 Allington Cove Lane
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%.
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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 |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Feb 26, 2026 | In contract | - | |
| In contract | |||
| Dec 18, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 17, 2025 | Listed by Keller Williams Platinum | $474,900 | |
| Listed by Keller Williams Platinum | |||
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Prepare to be impressed by this stunning 2-story modern home in the desirable Balmoral community, featuring 4 bedrooms, 3.5 baths, a study with double French doors, formal dining, breakfast area, and spacious gameroom and media room upstairs. The soaring ceilings, open indoor balcony, and elegant stairway create a grand first impression. The kitchen opens to the family room and showcases a large island with breakfast bar, ample cabinetry, pantry, and modern finishes, perfect for gatherings. The first-floor primary suite offers a serene retreat with dual vanities, a soaking tub, separate shower, and walk-in closet. Enjoy outdoor living on the extended patio, partly covered and overlooking the fenced backyard. Balmoral residents enjoy resort-style amenities, including a crystal-clear lagoon, pool, parks, and trails. Conveniently located near schools, shopping, and major highways, this elegant, well-maintained home is perfect for refined family living.
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| Dec 4, 2025 | Price Decreased |
$489,900
↓ $10K
(2%) | |
| Price Decreased | |||
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About Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017