2639 Martinec 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 |
|---|---|---|---|
| Dec 30, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Listed by KingFay Inc | $418,000 | |
| Listed by KingFay Inc | |||
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Fabulous 4 bed 3.5 bath home in highly desired Scofield community. Low property tax rate, low HOA fee. Zoned to top schools of Pearland ISD. Formal dinning, formal study, HIGH ceiling cozy living room with lots natural light. Kitchen features with stainless steel appliances, 5 burners gas cooktop, granite countertop, lots cabinets and open to breakfast area. The primary bedroom is downstairs, the other three bedrooms upstairs with big game room. NO CARPET! NEW A/C units!!! Corner lot! Never flooded and NO bursted pipe during freeze. Refrigerator, washer and dryer stay. Easy access to 288 and 518. Close to shopping center and restaurants.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017