$369,900 Last Listed Price
●
House -
Off Market
1118 Sunset Lakes Drive
Pearland, TX 77581
3 Beds
2 Baths
2,350 Ft²
$2,398
Est. Monthly
$30
HOA / Fees
About This Property
Welcome to your new home located in the the highly sought after,
Sunset Lakes Subdivision! This beautiful 3/2 home with study/office
features a gorgeous backyard oasis with covered porch and flagstone
decking. Over 2300 sq ft of elegant living space that is functional
and spacious. The kitchen, open to the living & dining room
is truly the heart of this home. The Kitchen has an array of
amenities such as granite countertops, central island, built-in
electric oven, microwave and NEW 5 burner gas cooktop. The
dining/living room awaits with its gas fireplace as the
centerpiece. The study/dedicated office space, is tailored
for both relaxation and productivity. Beautiful plantation shutters
throughout the home. This home is equipped with a
programmable thermostat, tankless water heater, and sprinkler
system. Home has a lifetime transferable Warranty from Allied
Foundation and has been painted with a radiant paint barrier to
make it more energy efficient.
Unit Size
2,350 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$157
Property Type
House
Property Taxes
$551
HOA Dues
$30
Year Built
1999
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #24675973)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Bay Area | $369,900 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Bay Area | |||
| | |||
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Welcome to your new home located in the the highly sought after, Sunset Lakes Subdivision! This beautiful 3/2 home with study/office features a gorgeous backyard oasis with covered porch and flagstone decking. Over 2300 sq ft of elegant living space that is functional and spacious. The kitchen, open to the living & dining room is truly the heart of this home. The Kitchen has an array of amenities such as granite countertops, central island, built-in electric oven, microwave and NEW 5 burner gas cooktop. The dining/living room awaits with its gas fireplace as the centerpiece. The study/dedicated office space, is tailored for both relaxation and productivity. Beautiful plantation shutters throughout the home. This home is equipped with a programmable thermostat, tankless water heater, and sprinkler system. Home has a lifetime transferable Warranty from Allied Foundation and has been painted with a radiant paint barrier to make it more energy efficient.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pearland
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Listed by: Rachelle Thompson, Better Homes and Gardens Real Estate Gary Greene - Bay Area
Last Updated: 5 months ago
Data Source: HAR , MLS# 24675973
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Last Updated: 5 months ago
Data Source: HAR , MLS# 24675973
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