$1,250,000 Last Listed Price
●
House -
Off Market
2525 Reid Boulevard
Pearland, TX 77581
3 Beds
2 Baths,
1
Half Bath
4,094 Ft²
$1,264,490
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Rare Opportunity in Pearland to Own your Home & Business
Workshop/warehouse on one Property. A Must see 4.63 acres with a
3,894SF Home (including the Garage Apt) 3 bedrooms,2 1/2 bath 3 Car
Attached car garage, freestanding 1,184SF Work Shop with Finished
Walls & Plumbed bath, Plus a 50X100 Warehouse/3 Large Overhead
Doors, 1,200sf of offices Down and & 3/1-upstairs Apartment Plenty
of room to add additional buildings for rental or private use. The
Home is very well kept home, High Ceilings, formal dining, large
living area, study. The Garage Apartment is above the 3 car garage.
Primary bedroom has 2-walk-in closets, double sinks, Very Large
Shower, Separate jetted Garden Tub. Kitchen open to breakfast room
w/large pantry, gas cooktop on island. The Home could very easily
be used for nice office .The 50X100 Workshop At back. Great income
Investment Property opportunity. Great Place to live, or lease all
or part to create a good cash flow. Don't miss out, Call for your
appointment today
Unit Size
4,094 Ft²
Days on Market
-
Land Size
4.63 acres
Price per sqft
$305
Property Type
House
Property Taxes
$948
HOA Dues
-
Year Built
2001
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (HAR #58581175)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Ausmus Premier Properties, LLC | $1,250,000 | |
| Listed by Ausmus Premier Properties, LLC | |||
| | |||
|
Rare Opportunity in Pearland to Own your Home & Business Workshop/warehouse on one Property. A Must see 4.63 acres with a 3,894SF Home (including the Garage Apt) 3 bedrooms,2 1/2 bath 3 Car Attached car garage, freestanding 1,184SF Work Shop with Finished Walls & Plumbed bath, Plus a 50X100 Warehouse/3 Large Overhead Doors, 1,200sf of offices Down and & 3/1-upstairs Apartment Plenty of room to add additional buildings for rental or private use. The Home is very well kept home, High Ceilings, formal dining, large living area, study. The Garage Apartment is above the 3 car garage. Primary bedroom has 2-walk-in closets, double sinks, Very Large Shower, Separate jetted Garden Tub. Kitchen open to breakfast room w/large pantry, gas cooktop on island. The Home could very easily be used for nice office .The 50X100 Workshop At back. Great income Investment Property opportunity. Great Place to live, or lease all or part to create a good cash flow. Don't miss out, Call for your appointment today
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Pearland
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Listed by: Faye Ausmus, Ausmus Premier Properties, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 58581175
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Last Updated: 4 months ago
Data Source: HAR , MLS# 58581175
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