26623 Aldine Westfield Road
About This Property
Positioned near Old Town Spring with convenient access to I-45 and the Hardy Toll Road, the property benefits from steady traffic flow and surrounding residential and retail growth. The existing structure adds minimal value, with the true opportunity being in the land and its future potential.
Ideal for an owner-user, investor, or developer looking to capitalize on a strategic location with long-term upside.
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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 10, 2026 | Price Decreased |
$895,000
↓ $55K
(5.8%) | |
| Price Decreased | |||
| Jul 4, 2026 | Price Decreased |
$949,900
↓ $50K
(5%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by RE/MAX The Woodlands & Spring | $999,500 | |
| Listed by RE/MAX The Woodlands & Spring | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017