1249 Gardenia Drive
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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.
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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 |
|---|---|---|---|
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Jan 6, 2026 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 24, 2025 | Listed by Compass RE Texas, LLC - Memorial | $1,535,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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Impressive custom stucco Oak Forest residence offering nearly 5,000 sq ft of refined living. Designed for both luxury and function, this home features four to five bedrooms, high ceilings, hardwood floors, a wine cellar, an office, a game room with a wet bar and beverage fridge, a media room, and a flex room. The kitchen features stone countertops, stainless appliances, a six-burner double oven range with pot filler, and an island with seating. The first-floor primary suite overlooks the pool and showcases wood floors, surround sound, and a luxury bath with dual sinks, a soaking tub, a dual-entry shower, and a walk-in closet. Upstairs, enjoy a versatile layout with three additional bedrooms, a media room with surround sound, a game room, and generous storage. Step outside to the covered outdoor kitchen and living, and a pool and spa with water and fire features. Zoned to highly sought-after Oak Forest Elementary, this home is the ultimate blend of luxury, comfort, and location.
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| Jul 9, 2025 | Price Decreased |
$1,535,000
↓ $60K
(3.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017