1739 Ojeman Point Lane
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 |
|---|---|---|---|
| Mar 4, 2026 | Sold | ||
| Sold | |||
| Feb 15, 2026 | In contract | - | |
| In contract | |||
| Feb 15, 2026 | Price Decreased |
$700,000
↓ $25K
(3.5%) | |
| Price Decreased | |||
| Jan 8, 2026 | Listed by Compass RE Texas, LLC - Memorial | $725,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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Beautifully maintained & just five years old, this exceptional home in the gated community of Spring Valley Point offers rare convenience of first-floor living with a bright, open layout. Fresh interior paint in warm, creamy tones and French oak wood flooring create a timeless, elevated feel throughout. The living room features a custom built-in cabinet for added style and function. The spacious island kitchen shines with quartz countertops, double-stacked cabinetry, & updated electrical wiring to support a newly installed electric range while retaining gas availability. The primary suite is a true retreat with spa-like bath featuring a soaking tub inside the walk-in shower. A private third-floor suite with its own bath, large closet, & separate thermostat is ideal for guests or flexible living. EV charging capability, a generously sized yard on a premium interior lot. Zoned to Valley Oaks Elem., Spring Branch Middle, & Memorial High. Located near highways, parks & the public library.
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| Dec 23, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017