49
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1826 Althea Drive
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 |
|---|---|---|---|
| Sep 1, 2026 | Sold | ||
| Sold | |||
| Jul 31, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Listed by Compass RE Texas, LLC - Houston | $1,399,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Custom-built and designed for both everyday living and unforgettable entertaining, this exceptional Oak Forest home offers 4 bedrooms, 3.5 bathrooms, and a collection of spaces rarely found in the area. A dramatic sunken wine room serves as a stunning focal point, while the open-concept living areas seamlessly connect to a resort-style backyard featuring a pool, spa, and outdoor kitchen. Upstairs, a spacious game room and private balcony provide additional space to relax and unwind. The expansive walk-out attic offers endless possibilities for future expansion, whether envisioned as a media room, home gym, craft room, man cave, or additional bedroom. Combining thoughtful design, flexible living spaces, and an incredible outdoor retreat, this is a home built to be enjoyed for years to come.
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| Jun 25, 2026 | Listed by Compass RE Texas, LLC - Houston | $1,425,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017