31
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1225 Heights Boulevard
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 |
|---|---|---|---|
| Aug 15, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 14, 2026 | Listed by Greenwood King Properties - Heights Office | $1,195,000 | |
| Listed by Greenwood King Properties - Heights Office | |||
| Jul 13, 2026 | Listed by Greenwood King Properties - Heights Office | $1,250,000 | |
| Listed by Greenwood King Properties - Heights Office | |||
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A wonderful opportunity to customize a piece of Heights history on the Boulevard, this 1910 (HCAD) home with separate guest house and pool is ready for its next chapter! The main house, currently used as a law office, features period stained wood trim moulding, built-ins in the living and dining areas, and crown molding throughout. Large kitchen with ample storage opens to the covered back porch and beautiful back yard with pool and spa. The guest house has a private bedroom, large living area, full kitchen, laundry, and full bathroom with walk-in shower, as well as a storage loft. A rare chance to establish a home or business in an incredible Heights Blvd location close to a variety of outstanding shopping and dining, and equally convenient to both 610 and I-10.
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| Aug 14, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | Listed by Martha Turner Sotheby's International Realty | $1,100,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Traditional Heights home with additional 750+square foot guest quarters. Handsome trim moldings and bookcases accent the family room and dining room which boasts a period pendant chandelier all maintaining the original integrity of this 1920's building. Two bedrooms/2 baths include an expanded primary suite with separate tub, shower and dual closets. Grand views of Heights Blvd and its large oak trees from both bedrooms. White tiled Kitchen includes wine racks, island counter space, book nooks and cabinets galore. Walk out to an inviting covered porch overlooking peaceful gardens and pool. The guest quarters has full kitchen large gathering area and private bedroom/bath. Property is versatile as it can be a private residence with office in the quarters or even host a small business in the main home as well. Walk to multiple Heights coffee shops, restaurants and Hike and Bike Trails.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017