2311 Shadow Falls Lane
About This Property
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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 |
|---|---|---|---|
| Sep 13, 2021 | Sold | ||
| Sold | |||
| Aug 5, 2021 | Listed by Keller Williams Signature | $295,000 | |
| Listed by Keller Williams Signature | |||
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Welcome to this inviting single-story home that has it all! 3 bedrooms, 2 bathrooms, media room, dining room, and a private study - what more do you need?! With tons of counter space, cabinets, and a kitchen island, meal prepping is a breeze in your kitchen. Easily stay connected to your guests as the kitchen overlooks the living room and media room. Enjoy meals in the breakfast nook or head into the dining room. The dining room can also be used as a flex space or game room. Enjoy peace and quiet working from home in your own private study with French doors. Off of the living room is the primary retreat complete with its own private en-suite, featuring a separate shower and garden tub, double sink vanity, and large walk-in closet. The backyard provides room to run and play and stay cool under the covered patio. Let the sprinkler system maintain a beautiful green grass. Located just minutes away from Pearland Town Center and close to the Medical Center. Schedule your showing today!
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About Pearland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017