2909 Castleton Bay Lane
About This Property
Recent Updates include recently installed carpet, interior and exterior paint, and vinyl plank flooring. The layout includes three bedrooms, two baths, a formal dining room, a home office or study, a three-car garage, and an oversized backyard. Open-concept flow into the den makes the home well suited for everyday living and entertaining. Enjoy community amenities including two pools, playgrounds, and walking trails, along with convenient access to Hwy 288 and Beltway 8. The surrounding area offers a family-friendly setting with schools, parks, and everyday amenities nearby. Call your representative for a tour.
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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 20, 2026 | Listed by Durmoye Realty | $349,950 | |
| Listed by Durmoye Realty | |||
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About Pearland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017