338 Knipp Road
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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.
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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 |
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| Jun 13, 2025 | Listed | $12,800,000 | |
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Experience the pinnacle of luxury living in this stunning new estate home by Rau Development, LLC. Perfectly situated on a meticulously landscaped 47,000+ sqft lot. Designed for both grand entertaining and intimate comfort, this architectural masterpiece has 14,630 sqft living space featuring soaring 32’ ceilings and a dramatic 22’ entry door that sets the tone for the elegance within. Boasting 6 spacious bedrooms, 2 fully equipped state of the art kitchens, 2 bars, 12’ fireplace in main living, 2 climate-controlled wine rooms, 2 game rooms as well as first floor theatre. Every space is crafted for comfort and style. Elevator included. The 5-car garage offers ample space for car enthusiasts, while the spa-like pool and jacuzzi area create a private resort atmosphere with over 3,000 sqft of covered patios. Whether hosting a lively gathering or enjoying a quiet evening at home, this warm yet modern retreat has it all. Zoned to excellent SBISD schools BHE, MMS, MHS.
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| Sep 3, 2021 | Sold | ||
| Sold | |||
| May 28, 2021 | Listed by Greenwood King Properties | $2,130,000 | |
| Listed by Greenwood King Properties | |||
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Magnificent wooded estate lot (47,154sf per HCAD) in Bunker Hill Village has stunning drive up appeal with majestic oak trees and grand expansive lawns. The value is in the land in this incredible premier location. The stately plantation style home enjoys views of the soaring trees, pool and fountain from the family room and kitchen. Zoned to highly rated SBISD schools (Buyer to verify eligibility) and close proximity to many highly rated private schools. A rare acre+ lot in a park-like setting!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017