3002 Tranquility Lake Estates Boulevard
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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 |
|---|---|---|---|
| Dec 7, 2020 | Sold | ||
| Sold | |||
| Oct 5, 2020 | Listed by Compass RE Texas, LLC | $364,900 | |
| Listed by Compass RE Texas, LLC | |||
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AMAZING gated, boutique community located in the heart of Pearland, with access to great schools, shopping, dining and entertainment as well as easy access to the Medical Center, Downtown Houston and Galveston. This GORGEOUS K. Hovnanian Home has an open concept floorplan and a gourmet kitchen that features granite countertops and stainless steel appliances, PERFECT for entertaining. Take a few steps from your front door to the beautiful tranquility lake.
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Last Updated: 5 months ago
Data Source: HAR , MLS# 57922988
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017