1204 Gulfton Drive
About This Property
Sunset Meadows is a terrific residential sub-division in the City of Pearland which is well known for it's great schools. It also has a community pool & nice parks.
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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 |
|---|---|---|---|
| Apr 29, 2023 | Sold | ||
| Sold | |||
| Mar 9, 2023 | Listed by Simien Properties | $300,000 | |
| Listed by Simien Properties | |||
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CHARMING SINGLE STORY HOME IN PEARLAND. HOME FEATURES OPEN FLOOR PLAN WITH LARGE LIVING ROOM AND CUSTOM BUILT IN ENTERTAINMENT CENTER. KITCHEN EQUIPPED WITH AMPLE CABINET SPACE AND ISLAND. PEACEFUL BACKYARD WITH WOOD DECK. QUICK ACCESS TO NEARBY SHOPPING AND DINING AT BAYBROOK MALL. QUICK ACCESS TO I-45. CALL TO SCHEDULE YOUR PERSONAL SHOWING TODAY!
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| Dec 30, 2021 | Sold | ||
| Sold | |||
| Nov 22, 2021 | Listed by Edmonson & Associates | $289,000 | |
| Listed by Edmonson & Associates | |||
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Lovely 3 bedroom, 2 bath home with study or could be 4th bedroom. Large living/family room with custom built-in TV entertainment and display cabinets. Nice kitchen with island, lots of cabinets and good size breakfast area. Primary bath has custom cabinets with garden tub & separate shower. Vanity area has a beautiful vessel sink with lovely backsplash. Flooring is ceramic tile and laminate bamboo. Fresh interior paint. Large new deck in the fenced backyard which has been freshly resodded. Includes washer, dryer & refrigerator. Has an efficient 5 ton 16 Seer 2015 HVAC unit.
Sunset Meadows is a terrific residential sub-division in the City of Pearland which is well known for it's great schools. It also has a community pool & nice parks.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017