10118 Cathedral Drive
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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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 5, 2025 | Listed by LPT Realty, LLC | $200,000 | |
| Listed by LPT Realty, LLC | |||
| Aug 13, 2025 | Listed by LPT Realty, LLC | $205,000 | |
| Listed by LPT Realty, LLC | |||
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Fully renovated 4BR/2BA home in Houston’s up-and-coming 77051 area, just minutes from the Texas Medical Center, Downtown, UH, Hobby Airport, and major employers with quick access to I-610 & I-288. Enjoy peace of mind with a 2025 roof, new double-pane windows, brand-new flooring, and a spacious open-concept kitchen featuring crisp white cabinets, quartz counters, and stainless steel appliances. Bathrooms are fully updated with modern vanities and marble-look tile surrounds. The expansive backyard with mature trees offers a private retreat perfect for entertaining or play. Conveniently located near Pearland Town Center, Gulfgate Shopping Center, and multiple parks, this home blends modern comfort with unbeatable accessibility—ready for you to move in and start living.
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About Southeast Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017