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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 23, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Listed by Compass RE Texas, LLC - The Woodlands | $1,975,000 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | Listed by RE/MAX Integrity | $1,500,000 | |
| Listed by RE/MAX Integrity | |||
| | |||
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This stunning, 3 story home is situated on Ellipse Park, offering unparalleled views, convenience, & lifestyle in one of East Shore's most desirable locations. With 4 bedrooms & 4.5 bathrooms, this gorgeous home features exceptional craftsmanship throughout its well-thought-out floor plan. Hardwood floors, an elevator, gourmet kitchen w/ a huge island, prep sink, butler's bar, & pantry make entertaining a breeze. The spacious formal dining & inviting living room are perfect for hosting family & friends. The second floor boasts a primary suite w/ a contemporary spa-like en suite & two secondary bedrooms, each w/ their own en suite. The third floor offers a bedroom/office, full bath, & theater room. An easy stroll to The Woodlands Waterway & steps from the clubhouse & pool, this home is perfect for those seeking the ultimate in luxury living. Don't miss your chance to see all this amazing home has to offer!
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| May 7, 2021 | Sold | ||
| Sold | |||
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017