3841 Ella Lee Lane
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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 |
|---|---|---|---|
| Jun 10, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by Compass RE Texas, LLC - The Heights | $1,675,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
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Welcome to 3841 Ella Lee, nestled in the heart of the River Oaks area! Upon entry, you're welcomed by a grand staircase & soaring ceilings that create a bright, open feel. The 1st floor primary suite is a true retreat w/ a spa-like bath w/ double vanities, jetted tub, separate shower & a spacious walk-in closet. The kitchen is well-equipped w/ double ovens, 2 sinks, breakfast bar & beverage fridge. The breakfast & living rooms overlook the backyard, complete w/ a covered patio, gas hookup & green space for outdoor enjoyment. The 1st floor is rounded out w/ a mudroom, ample storage, formal dining room, study & an elevator-capable closet. Upstairs features 3 bedrooms—each w/ an ensuite bath & walk-in closet— game room, bonus room perfect for a gym & an unfinished space for future build-out. Centrally located w/ easy access to Greenway Plaza, the Galleria & Downtown—no highways needed. Zoned to River Oaks Elementary & near many desirable private schools, this location can't be beat!
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| Sep 8, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by Compass RE Texas, LLC Memorial | $1,399,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
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This beautiful River Oaks Area home is located in Houston's coveted inner loop. Some of the elegant finishes include brand new gleaming hardwood flooring, fresh interior paint throughout, crown molding and plantation shutters. Private first floor primary suite is complete with two vanities, soaking tub, oversized shower and an expansive walk-in closet. Nicely updated island kitchen with granite countertops, stainless steel appliances, breakfast bar and two sinks. Upstairs has three nice sized guest rooms, terrific game room and a bonus room that could serve as a second home office, play room or hobby room. The first floor study features a wall of built-in storage and a desk. The outdoor space is lovely with a large covered area, complete with ceiling fans, right off the family room! Nicely positioned just minutes from the shopping, dining and entertainment of Highland Village and The Galleria.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017