2316 Cedar Street
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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 |
|---|---|---|---|
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Mar 6, 2021 | Listed by Vip Realty | $214,645 | |
| Listed by Vip Realty | |||
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This is a great starter property for the right people looking to make it their own. This spacious home is located in the heart of Pearland, and bolds a massive master suite, 2 secondary bedrooms, recently renovated bath and a half, eat in kitchen, sun room, covered patio, and large backyard. HVAC system replaced two years ago, with air condenser and duct work. Water heater replaced 5 years ago, and a new roof 10 years ago. Minutes from Beltway 8, HYW 288, and Pearland Parkway. NEVER FLOODED, AND MADE IT THROUGH WITNER STROM WITH NO DAMAGE. Welcome home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017