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6236 Community 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 |
|---|---|---|---|
| Oct 21, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Listed by Compass RE Texas, LLC | $1,500,000 | |
| Listed by Compass RE Texas, LLC | |||
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Exceptional custom-built residence features an open-concept floor plan that flows effortlessly from the welcoming entry into the dining room. The expansive kitchen offers custom cabinetry, a walk-in pantry, and panoramic views. Ten-foot ceilings, recessed lighting, and hardwood floors throughout the main living areas enhance the home's sophisticated feel. Each bedroom features its own private full bath. The first-floor study and upstairs game room offer custom built-ins with dedicated desk space, providing flexible areas for work and everyday living. The spacious primary suite features a coffered ceiling and sitting area, complemented by a luxurious bath with dual vanities, a soaking tub beneath a panoramic window, and a generous walk-in closet with floor-to-ceiling built-ins. The fenced-in easement extends the backyard green space. Ideally located within walking distance of the WU Recreation Center, parks, shopping, dining, and neighborhood amenities.
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| Aug 29, 2026 | Price Decreased |
$1,500,000
↓ $50K
(3.2%) | |
| Price Decreased | |||
| Aug 13, 2026 | Listed by Compass RE Texas, LLC - Houston | $1,550,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017