5207 Braesheather 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%.
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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 |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by Bernstein Realty | $1,990,000 | |
| Listed by Bernstein Realty | |||
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Modern luxury in the heart of Meyerland, on oversized cul-de-sac lot. A grand entry welcomes you into this masterfully crafted 5 bdrm, 4.5 bath home, highlighted by dramatic two story spiral staircase that sets the tone for the open, custom, & light-filled design. The kitchen is a true masterpiece featuring a marble waterfall island, custom cabinetry, a built-in refrigerator, wine chiller, & high-end appliances. Private scullery provides addl prep space & storage—for everyday living & entertaining. The flex floor plan incl a primary suite on each level, w/ 3 add bdrms & game room upstairs. Dining room, office & open living room each feature distinct details, incl custom cabinetry & designer fixtures. The backyard is designed as a true urban retreat, w/sparkling heated pool & spa alongside generous green space—perfect for outdoor living. Added highlights incl a wrap-around balcony/sundeck, a 35KW liquid-cooled generator, & 3 garage bays w/up to 8 vehicles under a 10-ft elevated home.
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| Jan 1, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 4, 2025 | Listed by Compass RE Texas, LLC - Houston | $2,099,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Reimagined & Rebuilt with uncompromising style, this Meyerland 5 bedroom/4.5 bath custom designed luxury home captivates with a dramatic light filled two-story foyer, sweeping staircase, and a two-tiered RH chandelier. White oak floors & sun-filled windows frame elegant living, office, & dining spaces, while a showpiece kitchen with marble waterfall island, custom cabinetry & every high end appliance you can imagine, + a chef’s prep-kitchen elevate entertaining & everyday living. The 1st floor primary offers a spa-like retreat & pool views, while a 2nd primary + 3 additional bedrooms up, are all luxuriously outfitted. Amazing balcony spaces offer birds eye views of the neighborhood. Situated on an oversized lot, a sparkling pool w/sundeck & spa, offer a private retreat of timeless design & modern luxury. Equipped w/ a 30KW liquid cooled generator ensures you will not be w/out in the event of a power outage. 3 garage bays allow up to 8 cars to be parked beneath this 10 ft elevated home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017