2718 Broad Reach Road
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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 6, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by Keller Williams Platinum | $420,000 | |
| Listed by Keller Williams Platinum | |||
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You don’t want to miss this charming 5-bedroom, 3.5-bathroom house in Newport Lake Estates, which features a brick and stone elevation, high ceilings, wood laminate flooring, lots of natural light, open-concept floor plan, second story loft, oversized 3-car garage, covered back patio, and expansive backyard. Unwind in the charming kitchen, complete with granite countertops, a tile backsplash, island, pendant lighting, stainless steel appliances with stainless farmhouse-style sink, and dining nook. The relaxing primary suite comes with a large walk-in closet, dual sinks, walk-in shower, and separate tub. The community features three naturally-designed lakes, boat house, walking trails, putting green, and tennis and basketball courts. Commuters enjoy the proximity to Hwy 288 and Hwy 6. Minutes to Pearland Town Center, Silverlake Village, and First Colony Mall. Zoned to Alvin ISD.
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| Nov 30, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by K. Hovnanian of Houston II, LL | $425,000 | |
| Listed by K. Hovnanian of Houston II, LL | |||
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You will love this charming, gated community, where there are amenities galore. Located off of the 288 Corridor and C.R. 58, Newport Lake Estates offers the lifestyle you are looking for. This vibrant community has easy access to the Medical Center, Downtown Houston and Galveston, Texas. The Monaco III floorplan is the home that you have been looking for. This K. Hovnanian Home features 5 bedrooms, 3.5 baths and 3 car garage. Convenient home office downstairs and cozy loft space located upstairs. Charming farmhouse sink, maple cabinets and quartz countertops in gourmet kitchen. Double sinks, huge owner's walk-in closet, separate tub and shower in owner's luxury bath. Covered patio in backyard, perfect for entertaining. Students are zoned to Manvel High School. This home is a must see, so schedule your appointment today to find out if this home is the best option for you and your family. Offered by: K. Hovnanian of Houston II, L.L.C.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017