2227 Pine River Drive
About This Property
Enjoy easy access to scenic greenbelts, community pools, and highly rated Humble ISD schools. Conveniently located near Hwy 59, Grand Parkway (99), IAH Airport, shopping, dining, and everyday conveniences. Situated in an area with a low tax rate, this property has never flooded per seller. Don't miss this exceptional opportunity to own a well-maintained home with flexible living space in a desirable location.
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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%.
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 8, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 7, 2026 | Listed by The Larios Home Group | $340,000 | |
| Listed by The Larios Home Group | |||
| Jun 17, 2026 | Relisted | $370,000 | |
| Relisted | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by The Larios Home Group | $370,000 | |
| Listed by The Larios Home Group | |||
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Beautifully updated home conveniently located near the front of Kingwood! This recently upgraded property offers easy access to the area’s scenic greenbelts, community pools, and highly rated Humble ISD schools. The home features numerous recent improvements including fresh interior paint, new flooring throughout, upgraded bathrooms, a recently replaced HVAC system, new insulation, and new exterior siding. The roof was replaced in 2023, providing added peace of mind for the new owner. Enjoy a prime location with quick access to Hwy 59 and just minutes from IAH Airport, the Grand Parkway (99), and a variety of nearby shopping, dining, and everyday conveniences. Situated in an area with a low tax rate and the home has never flooded. Move-in ready and full of upgrades—schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017