2815 Meandering Elm Trail
About This Property
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by Compass RE Texas, LLC | $319,900 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome to Bayou Oaks at West Orem, a gated community is closely located to NRG, the medical center, and Pearland! This stunning residence offers a perfect blend of elegance, comfort, and modern convenience. With its impeccable curb appeal, open floor plan, and luxurious features, this home is designed for both relaxation and entertaining. Highlights include a spacious living room with abundant natural light, a gourmet kitchen with high-end appliances and granite countertops, and a luxurious primary suite with a spa-like ensuite bathroom. Situated in a sought-after neighborhood, this property provides the ultimate in upscale living. With a 10x10 patio and no back neighbors, you can enjoy peaceful and relaxing evenings outside. Don't miss the opportunity to make this exquisite home yours!
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017