22
Map
5218 Contour Place
About This Property
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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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Feb 19, 2026 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 22, 2025 | Listed by Beth Wolff Realtors | $485,000 | |
| Listed by Beth Wolff Realtors | |||
| Jul 24, 2025 | Listed by Beth Wolff Realtors | $507,000 | |
| Listed by Beth Wolff Realtors | |||
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This spectacular classic contemporary structure is being offered at lot value only and being sold "As-is". The unique architectural design is iconic. The opportunities are endless for your to consider reimagining this home with your personal touches or tearing it down and starting new on this tree-lined lot in Meyerland. The convenient location of the home offers easy access to the Galleria, Texas Medical Center, Downtown and Greenway Plaza.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017