28
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2818 Spa 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 |
|---|---|---|---|
| Aug 26, 2026 | Listed by RE/MAX Pearland | $307,000 | |
| Listed by RE/MAX Pearland | |||
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by Sapphire Homes Realty | $215,000 | |
| Listed by Sapphire Homes Realty | |||
| |||
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Spacious 4-bedroom, 2-bath home in an established Deer Park neighborhood, offering over 1,700 sqft of living space and incredible potential.
Situated on a large lot, the property features a fully fenced backyard with multiple outdoor additions, including three storage sheds and a dedicated garden area with planters perfect for creating your own outdoor retreat. There is also additional space for parking a boat or RV.
The home offers a functional layout with tile flooring throughout and generous room sizes. Several major components have already been addressed, including HVAC (approx. 4 years old), double-pane windows, updated insulation, and recently replaced exterior doors.
This property is ideal for buyers looking to add their personal touch and build equity. Conveniently located near schools, parks, shopping, and major roadways.
Priced to sell—schedule your showing today.
| |||
| Mar 13, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
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About South Pasadena Plaza
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017