44
Map
7 Paradise Point Drive
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 |
|---|---|---|---|
| Jul 23, 2026 | Listed by RE/MAX Southwest | $6,998,800 | |
| Listed by RE/MAX Southwest | |||
| Oct 30, 2020 | Sold | ||
| Sold | |||
| Apr 14, 2020 | Listed by Martha Turner Sotheby's | $5,200,000 | |
| Listed by Martha Turner Sotheby's | |||
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Located on Alkire Lake only 20 minutes from the Houston Galleria is an outstanding gated estate that has everything to offer an active buyer. There is a main house and a guest or carriage house. The main house has 4 car garage and outdoor kitchen and guest or carriage house has a 3 car garage and outdoor fireplace and kitchen. There are lighted tennis courts, lighted basketball court, infinity edge pool with spa, boat dock, gazebo, LAKEFRONT views, media room, second floor game room with balcony, large third floor with full bath that can be 6th bedroom or flex room, all bedrooms are en suite, first floor master with exercise room and dry sauna and much much more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017