715 Cheltenham Drive
About This Property
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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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by Keller Williams Memorial | $464,000 | |
| Listed by Keller Williams Memorial | |||
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Welcome to this beautifully updated 4-bedroom, 2.5-bath home in Houston, where modern comfort meets style. This property features a dedicated study area within the main house, along with a separate 12x8 detached office/studio with a porch, perfect for a distraction-free workspace. Recent upgrades include a new roof, gutters, windows, fence, and security cameras for enhanced peace of mind and energy efficiency. The fully landscaped backyard, redesigned in 2023, boasts high-quality artificial turf, making it an ideal space for kids and pets. Located in a tranquil, family-friendly neighborhood with access to excellent schools, this home is just 1 minute from I-10 and to Nottingham Elementary and Taylor High School. The community HOA offers fantastic amenities, including a pool, tennis court, pickleball court, and a park around the corner, ensuring a vibrant lifestyle for all residents. Don’t miss the chance to make this exceptional property your new home!
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| Feb 27, 2023 | Sold | ||
| Sold | |||
| Feb 1, 2023 | Listed by Keller Williams Hou Preferred | $375,000 | |
| Listed by Keller Williams Hou Preferred | |||
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Just minutes from schools, shopping and with quick acces to I-!0, this home located in Nottingham Country is a must see. The large bedrooms invite you to rest and your large backyard provides the opportunity to relax with family and friends, plenty of room for a pool. And your beautiful kitchen has plenty of cabinet space with granite counter tops. Do not miss seeing this home.
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About Nottingham Country
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017