1551 Hoveden Drive Drive
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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 4, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Price Decreased |
$500,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Jun 18, 2025 | Listed by RE/MAX Signature | $515,000 | |
| Listed by RE/MAX Signature | |||
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Beautiful 4-bed, 2.5-bath home in sought-after Nottingham Country! Set on a 7,930 sq ft lot with 2,877 sq ft of living space, this home features a grand 2-story entry, high ceilings, built-ins, stunning trim, and classic brick fireplace in the main living area. The first-floor primary suite overlooks the sparkling saltwater pool and includes a large walk-in closet. Recent upgrades include a 2023 roof, 2022 dual A/C units, PEX plumbing, vinyl windows, and a tankless water heater. The kitchen and secondary baths have been tastefully updated, fresh paint inside and out. Enjoy a private courtyard, spacious backyard with new landscape, and mature landscaping with 40-year-old oak trees, ideal for relaxing underneath. Great home for entertaining. LOW TAXES and zoned to top-rated Katy ISD schools. This home blends timeless charm with modern updates in a prime location. Make this a priority to see in person. Don’t miss it!
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| Sep 17, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017