3923 Kelley Pond 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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jun 21, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Price Decreased |
$1,279,999
↓ $20K
(1.5%) | |
| Price Decreased | |||
| May 6, 2025 | Listed by NB Elite Realty | $1,299,999 | |
| Listed by NB Elite Realty | |||
| |||
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Price Improvement- This luxurious 5-bedroom, 5.5-bathroom home in Woodson's Reserve is the epitome of upscale living. Situated on an oversized corner lot, it boasts a whole-home generator, 4-car garage, and a Texas-sized heated saltwater pool. Inside, the soaring ceilings create a grand ambiance, while the primary suite offers a serene retreat with a super-sized shower and His & Hers closets. The kitchen is a culinary enthusiast's dream with top-of-the-line appliances and quartz counters. Additional entertainment spaces include a game room and media room, with each room having their own ensuite ensuring comfort and privacy for all. Its proximity to quality schools, major highways, corporate campuses like Exxon, and entertainment destinations like The Woodlands make it an ideal choice for families seeking both luxury and convenience. With Woodson's amenities, including parks, trails, and community events, this home offers not just a place to live, but a lifestyle to be cherished.
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| Apr 24, 2025 | Price Decreased |
$1,299,999
↓ $75K
(5.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017