2504 Rusting Creek 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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Mar 31, 2025 | In contract | - | |
| In contract | |||
| Mar 8, 2025 | Price Decreased |
$442,000
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Feb 19, 2025 | No longer available | - | |
| No longer available | |||
| Feb 18, 2025 | Listed by Realty Associates | $457,000 | |
| Listed by Realty Associates | |||
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Discover your dream home in the highly sought-after master-planned community of Shadow Creek Ranch! Welcome guests with a beautiful grand entry featuring arched doorways, a formal dining and living room that can double as a study. Inside, you'll find a spacious and inviting living area highlighted by a cozy fireplace. This 4Br/2.5Bth home also includes a media room and a game room. The kitchen is perfect for entertaining, with granite countertops, an island, and plenty of cabinet space. The primary suite, located off the main living area, features an en-suite bathroom with dual sinks, a glass-enclosed shower, and a soaking tub. With an open floor plan, tall ceilings, and abundant natural light, this home creates an inviting atmosphere for gatherings or quiet relaxation. Shadow Creek Ranch offers incredible amenities, including playgrounds, waterparks, tennis and basketball courts, pools, and more. Enjoy a short, easy commute to the Texas Medical Center and Downtown.
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Property Highlights
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About Pearland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017