805 Ralfallen Street
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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 |
|---|---|---|---|
| May 4, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 16, 2026 | Listed by Compass RE Texas, LLC - Houston | $849,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Nestled in the charming Ridgewood section of the Heights—an area rich in character and not governed by the Historic District—805 Ralfallen offers classic bungalow charm with thoughtful updates and inviting outdoor spaces. The home features warm wood floors, abundant natural light, and well-proportioned living spaces that create a comfortable and welcoming atmosphere. The primary suite includes a spacious bedroom, large closet, and a beautifully updated bathroom with dual vanities, a walk-in shower, and a soaking tub. Secondary bedrooms offer flexible space for guests, office, or hobbies. Outside, multiple patio and seating areas create a private backyard retreat complete with a refreshing cocktail pool, mature landscaping, and a covered patio ideal for relaxing or entertaining. A long covered carport provides convenient parking and access, while a whole-home generator offers added peace of mind. Minutes from the best dining, shopping, & entertainment in The Heights.
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| May 2, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017