48
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1237 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 |
|---|---|---|---|
| Aug 28, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 27, 2026 | Listed by Mark Maniha Real Estate | $2,495,000 | |
| Listed by Mark Maniha Real Estate | |||
| May 28, 2026 | Price Decreased |
$2,599,000
↓ $76K
(2.8%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by Mark Maniha Real Estate | $2,675,000 | |
| Listed by Mark Maniha Real Estate | |||
| |||
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Stunning Home by New Oak Homes, Designed specifically for this Oversized 12,160sqft Corner Lot zoned Oak Forest Elementary, this home has it all! 5/6 bedrooms, 5 1/2 bath, Full Secondary Prep Kitchen, Wet Bar, Family Kitchen, Huge Covered back patio with Fireplace and outdoor Kitchen, oversized garage! Private Home Office, Utility room on each floor, MUD room entry, Guest En-suite Down, tucked away for privacy. The Primary Bedroom feels like a retreat, with Tower Windows, Sitting Area, Oversized Walk-in closest, Beverage Center, Primary bathroom boasts soaking tub, her vanity area, his and hers vanities, all with beautiful natural light, and Massive 7' shower. Upstairs 3 Large Secondary Bedrooms all include private baths and closet. Dedicated dark Media Room(possible 6 bed), Large Game Room wired Sur Sound. Whole home dehumidifier, Elevator Ready, Foam Insulation, Tankless Heaters, EV Chargers, Solar and Smart Home Ready. Huge back yard Plenty room for Pool. Security Cameras Included!
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| Apr 28, 2026 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017