3909 Del Monte Drive
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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 |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| Oct 12, 2022 | Listed by Compass RE Texas, LLC | $5,700,000 | |
| Listed by Compass RE Texas, LLC | |||
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A remarkable River Oaks estate site offering over 37,300+ sq. ft. of cleared, level, and fully gated grounds in a coveted corner Tall Timbers location. A spectacular setting enhanced by majestic oaks and surrounded by some of Houston's most exceptional estates.
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| Mar 11, 2021 | Sold | ||
| Sold | |||
| Feb 1, 2021 | Listed by Compass RE Texas, LLC | $5,550,000 | |
| Listed by Compass RE Texas, LLC | |||
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|
A rare opportunity to be on a prestigious 37,000+ square foot corner lot in the heart of River Oaks. Renovate this stunning stone home built by notable River Oaks builder J. Leon Osborn for his family, or build your dream home on this coveted Tall Timbers lot. The interior of this three story home has already been extensively demoed and is ready to be customized, or start from scratch. This gorgeous, private lot has beautiful trees, a circle drive, and is completely gated.
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| Jan 2, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017