2003 Silverpines Road
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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.
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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 |
|---|---|---|---|
| Jan 8, 2024 | Sold | ||
| Sold | |||
| Dec 1, 2023 | Listed by 1st Texas, Realtors | $279,900 | |
| Listed by 1st Texas, Realtors | |||
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Premier location in the heart of Clear Lake city situated on an over 10,000 square foot corner cul-de-sac lot in the well established community of Clear Lake city, with easy access to Bay Area Blvd. NASA, Boeing, U of H Clear Lake. Just two blocks from the newly designed Exploration Green walking trails with miles of scenic hilly trails for you and your doggies creating an enhanced lifestyle of living. The well established Clear Lake city community is lined with trees and unique real estate, not your cookie cutter subdivision. The home and the neighborhood exude charm. This home has never flooded. Recent roof in 2021. Cute floor plan as you walk in and the formal living and formal dining is to the right of entry, which is currently being used as a home office. The home boasts an open living concept with the family open to the galley kitchen. Laminate flooring throughout for ease of cleaning with the three bedrooms and two baths. Zoned for an exemplary Clear Lake high school.
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| Apr 8, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2021 | Listed by Keller Williams Realty -SW | $223,000 | |
| Listed by Keller Williams Realty -SW | |||
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2003 Silverpines is a +/- 1,744 S/F, 3 bedroom, 2 full bath single story home, located on a large corner lot in the heart of Clear Lake City. Features include granite counter tops, smooth surface electric cook-top, electric oven, built-in microwave & ceramic tile floor in kitchen. Laminate floor in all bedrooms, dining room, formal living and family room. En-suite bath in primary bedroom. Both bathrooms feature tub shower/combo. Large family/dining room features easy access to backyard. Minutes form NASA's Johnson Space Center, Clear Lake and Baybrook Mall.
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About Clear Lake
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Last Updated: 4 months ago
Data Source: HAR , MLS# 93064368
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