2225 Sterling Drive
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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 |
|---|---|---|---|
| Feb 27, 2024 | Sold | ||
| Sold | |||
| Jan 31, 2024 | In contract | - | |
| In contract | |||
| Jan 23, 2024 | Listed by Compass RE Texas, LLC - Houston | $679,900 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Welcome to this stunning custom-built home on 1.25 acres in the heart of Pearland, TX! This spacious home boasts 2688 sqft, 4 bedrooms, and 2.5 baths in the main house. The property features a sprawling front porch, pool, 3-hole putt-putt golf, sports court, custom built playhouse, covered patio, enclosed sunroom with A/C, guest quarters with A/C, RV parking, workshop, and more! With a cozy living room, large formal dining room, and custom kitchen, this home is perfect for entertaining. The primary bedroom downstairs features stunning tile shower with glass enclosure. Located minutes from Pearland amenities and shopping, zoned to ALL EXCELLENT A-RATED Pearland ISD schools, and ONLY 11 miles from NRG stadium!! Other features include: New heat pump 2023, New carpet downstairs 2021, all interior walls and between floors are insulated, central vacuum system, 2008 roof, No flooding, Zoned in 500X (no flood insurance required), slab has been poured over bell bottom piers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017