2722 Pemberton Drive
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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%.
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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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Nov 3, 2024 | Listed by Compass RE Texas, LLC - Houston | $2,575,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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INCREDIBLE BUYER OPPORTUNITY TO REMODEL OR BUILD DREAM HOME! Please see additional attachments and disclosures. Rare opportunity to live on the coveted 2700 block of Pemberton. This classic 1940s Georgian features 4 bedrooms and 3.5 baths, nestled on an impressive 10,500 sqft lot (per HCAD). Surrounded by beautiful homes, this block is considered one of the most special in West University. While the home has seamless additions that enhance its charm—including a mudroom, family room, and a spacious primary en-suite bath with double sinks, two closets, a vanity, and a separate water closet—there's also a fantastic opportunity for buyers to remodel or build their dream home on this prime lot. With beautiful hardwood floors, crown molding throughout, and a new roof installed in 2020, this happy home also boasts incredible outdoor entertaining areas, including a covered stone patio. All information is per seller. NEW 2024 HVAC, updated duct work in attic, freshly landscaped (current owners)
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| May 21, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Southwest Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,350 /mo
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- 1 Bath
- 675 ft²
$8,500 /mo
- 2 Beds
- 2 Baths
- 1,826 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017