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13017 Hillcrest Boulevard
About This Property
The hangar includes an air conditioned pilot lounge with living space, a full bath with shower, a private office or guest room, plus additional overhead storage, making it ideal for aviation enthusiasts or those needing flexible space.
A circular drive and porte cochere welcome you home, while mature trees, lush landscaping, and a resort style backyard create your own private retreat. Enjoy the Texas summers in the in ground pool surrounded by three decks, two of which are covered, a large fenced backyard, and plenty of room to entertain.
Inside, the main home has been thoughtfully updated with wood look tile flooring throughout. The living and dining rooms were opened to create a more inviting layout featuring an exposed beam, soaring vaulted ceilings, two skylights, and a painted brick fireplace extending to the ceiling. Decorative beadboard and soft coastal colors create a bright, welcoming feel.
The spacious office could easily serve as an additional bedroom. The primary suite offers an ideal retreat with separate walk in closets, while pocket doors, built ins, an extra hallway closet, and ceiling fans in every bedroom maximize functionality. The air conditioned garage provides additional flexible space for a workshop, office, gym, or storage.
Recent improvements include roof replacement(2019), pool equipment(2021), pool replastered and coping(2024), privacy fencing(2024), extensive landscaping enhancements (2025), wood look tile flooring throughout(2016), and a refreshed carport exterior(2025).
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Listed by Cates & Company | $655,000 | |
| Listed by Cates & Company | |||
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About Hillcrest Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017