2835 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 |
|---|---|---|---|
| Oct 12, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by Real Broker, LLC | $307,000 | |
| Listed by Real Broker, LLC | |||
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Welcome to 2835 Meandering Elm this captivating 3 Bedrooms and 2.5 Bathroom home strikes the perfect balance between sophistication, coziness, and modern convenience. Step into an inviting space with an open floor plan, ideal for both relaxation and entertaining. The living room is flooded with natural light, creating a warm and welcoming ambiance. Buyers can find vinyl plank flooring, custom light fixtures, and window coverings throughout this home. The gourmet kitchen boasts granite countertops, modern backsplash, and plenty of counter and cabinet space, elevating your culinary experiences. Indulge in the spacious primary suite, featuring a spa-like ensuite bathroom with a double vanity, separate standing shower, and oversized garden tub. The attention to detail throughout the home ensures every corner exudes meticulous care. Nestled in a gated community, this home offers a short commute to NRG Stadium, Texas Medical Center, and Pearland. Schedule your private tour today!
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017