21 Sovereign Circle
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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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Listed by Atlas Real Estate | $3,990,990 | |
| Listed by Atlas Real Estate | |||
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Fully renovated modern estate with 6 bedrooms and 6.5 bathrooms, situated on over 2 acres in the prestigious gated community of Sovereign Shores—where modern design meets timeless allure. A private gate and circular driveway lead to a residence full of character, blending bold architecture with refined finishes. Inside are cast iron doors and windows, white oak engineered wood floors, luxury light fixtures, and a European-style kitchen with Wolf/Thermador appliances. The layout flows through living and entertaining areas, including a living room with a large picture window and sleek porcelain bar. Bathrooms feature floor-to-ceiling porcelain tile, floating vanities, and elegant designer tile work. A nearly 3,000 SF wraparound balcony overlooks the backyard oasis—complete with a brand-new pool, sunken fire pit, outdoor summer kitchen, and patio. A detached 4-car garage, garage apartment, and third-floor game room complete this one-of-a-kind estate in Fort Bends most exclusive community.
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| Jun 6, 2025 | Listed | $4,499,990 | |
| Listed | |||
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Fully renovated modern estate with 6 bedrooms and 6.5 bathrooms, situated on over 2 acres in the prestigious gated community of Sovereign Shores—where modern design meets timeless allure. A private gate and circular driveway lead to a residence full of character, blending bold architecture with refined finishes. Inside are cast iron doors and windows, white oak engineered wood floors, luxury light fixtures, and a European-style kitchen with Wolf/Thermador appliances. The layout flows through living and entertaining areas, including a living room with a large picture window and sleek porcelain bar. Bathrooms feature floor-to-ceiling porcelain tile, floating vanities, and elegant designer tile work. A nearly 3,000 SF wraparound balcony overlooks the backyard oasis—complete with a brand-new pool, sunken fire pit, outdoor summer kitchen, and patio. A detached 4-car garage, garage apartment, and third-floor game room complete this one-of-a-kind estate in Fort Bends most exclusive community.
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| Feb 1, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017