2819 Meandering Elm Trail
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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.
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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 25, 2023 | Sold | ||
| Sold | |||
| Jul 6, 2023 | Listed by Compass RE Texas, LLC | $365,000 | |
| Listed by Compass RE Texas, LLC | |||
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**OPEN HOUSE this SATURDAY 7-15-23 * 1-3 * & SUNDAY 7-16-23 * 1-3 ** Welcome to Bayou Oaks at West Orem, a gated community is closely located to NRG, the medical center, & Pearland! This stunning residence offers a perfect blend of elegance, comfort, & modern convenience. With its impeccable curb appeal, open floor plan, high ceilings, & 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, & two bedrooms + two full bathrooms on the first floor. This property is situated in a sought-after neighborhood and provides the ultimate in upscale living. With a 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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| Jan 28, 2022 | Sold | ||
| Sold | |||
| Aug 19, 2021 | Listed by K. Hovnanian of Houston II, LL | $320,805 | |
| Listed by K. Hovnanian of Houston II, LL | |||
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Welcome home to where the city meets the suburbs! This beautiful home offers an array of luxurious features, open floorplan and plenty of upgrades! The kitchen offers a lowered bar top, granite countertops and overlooks the great room. Two bedrooms located downstairs, including the owner's suite. The owner's luxury bath includes double sinks, huge walk-in closet, separate soaker tub and shower. The loft space upstairs is perfect as a study, play, or crafting area - you choose! Two additional secondary bedrooms are also upstairs. After a long day, relax outside under your covered patio.
Bayou Oaks at West Orem is a beautiful, gated community conveniently located near the 610 Loop, Hwy 288, Alt 90 and is between Pearland and the Medical Center. Offered By: K. Hovnanian Houston Bayou Oaks at West Orem, LLC.
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About Southwest Houston
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Last Updated: 6 months ago
Data Source: HAR , MLS# 7372913
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