8238 Almera Falls Drive
About This Property
The spacious primary suite includes a walk-in closet and a private bath with dual vanities, a separate soaking tub, and a walk-in shower. Outdoors, two fenced backyard areas provide flexibility for pets, play, or hosting guests.
With convenient access to Hwy 6 and TX-99, this home offers easy commuting while maintaining a welcoming neighborhood atmosphere.
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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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| May 23, 2026 | In contract | - | |
| In contract | |||
| Mar 10, 2026 | Listed by Coldwell Banker Realty - Katy | $265,000 | |
| Listed by Coldwell Banker Realty - Katy | |||
| Mar 31, 2025 | Listed | $259,900 | |
| Listed | |||
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Welcome home to this charming 2014 build on a corner lot! Enjoy a spacious, open floor plan with 3 bedrooms, 2 baths, and a kitchen perfect for gathering around the island. The master suite offers a walk-in closet and luxurious bath with separate tub and shower. Two fenced backyards provide the perfect space for pets or entertaining! Nestled between Hwy 6 and TX-99, you're close to everything while still enjoying the peaceful neighborhood.
Low property tax, new coil had been replaced in May/2024. Like new Refrigerator(04/2024).
Buyers should do their own due diligence
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| Mar 25, 2025 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017