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Map
15818 Alta Mar Drive
About This Property
Located in Houston, this home offers convenient access to shopping, dining, and local parks, along with easy connections to major highways for a smooth commute. The surrounding community features nearby recreational spaces and essential amenities, making daily living comfortable and accessible.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Feb 18, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 17, 2026 | Listed by Orchard Brokerage | $230,000 | |
| Listed by Orchard Brokerage | |||
| Dec 31, 2025 | Price Decreased |
$227,500
↓ $2K
(0.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017