2018 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 |
|---|---|---|---|
| Jun 23, 2023 | Sold | ||
| Sold | |||
| Mar 24, 2023 | Listed by Happen Houston | $1,350,000 | |
| Listed by Happen Houston | |||
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Harvard Homes’ latest new construction offers an expansive open floor plan, oversized backyard layout, and a carefully-curated interior that is awash with custom elements, featuring sand & stain hardwoods, designer wallpapers, and light fixtures from brands like Visual Comfort, Rejuvenation, and McGee & Co.’s Well-executed floor plan melds open concept with organically designated spaces, lending to both entertaining and everyday living. A private office is nestled next to a first-story full bathroom offering double access for functionality, while the oversized 1st-floor living room sits next to your private wet bar completing the downstairs level. Upstairs boasts 4 spacious bedrooms and a game room rounds out the 2nd level. Outdoors, the covered porch, and oversized backyard transition you to your ideal backdrop for outdoor enjoyment with ample green space on the 7,514 sqft lot.**Please visit model homes at 2018 Althea and 1039 W 41st.**
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017