2528 Reba Drive
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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%.
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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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Mar 1, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by Keller Williams Memorial | $3,399,999 | |
| Listed by Keller Williams Memorial | |||
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A true masterpiece of design and craftsmanship, this Avalon Place home redefines modern luxury with a nod to mid-century elegance. Designed by Kevin Dahlstrand and built by Nicholas Silvers of Silvers Homes, this 2021-built residence offers 5 bedrooms, 5 full and 2 half baths, spanning 6,157 sq. ft. on a 11,096 sq. ft. lot. Striking architectural lines, a spacious open floor plan, and soaring ceilings create an effortless flow, complemented by designer lighting, natural stone and quartz finishes, and high-end Thermador appliances. The expansive covered patio invites indoor-outdoor living, with space to create your dream backyard retreat.A private guest suite over the garage, complete with its own entrance and staircase, provides the perfect setup for visitors or extended stays.Perfectly positioned just moments from River Oaks Elementary and Houston’s best shopping and dining, this home is where timeless design meets everyday comfort.
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| Dec 30, 2022 | Sold | ||
| Sold | |||
| Nov 18, 2022 | Listed by Martha Turner Sotheby's International Realty | $2,950,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017