3022 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 |
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| Feb 11, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Dec 15, 2025 | Listed by RE/MAX Integrity | $529,000 | |
| Listed by RE/MAX Integrity | |||
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Facing the Lake right out your front door - Extremely Quiet! Beautiful 4-bedroom, 2.5-bath, open-concept home with high ceilings in a private gated Pearland community. Small quaint subdivision. The home has features including granite countertops, stainless steel appliances, farmhouse sink, pantry, and plenty of storage. The primary suite is generously sized, featuring a luxurious bath with a soaking tub, separate walk-in shower, and an exceptionally large walk-in closet. This home offers a 2-car garage with tandem for 3 spaces for your extra storage room or hobbies. There is a whole house generator attached to the house. The back is totally fenced and includes a chain link dog run that can be removed if buyer wishes. Rare to find so much space in a 1 story! Only one in the neighborhood for sale. Won't last long. If buyers want it, sellers are able to do a lease back.
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| Sep 7, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by Champions Real Estate Group | $425,000 | |
| Listed by Champions Real Estate Group | |||
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Welcome to the gated community located in the heart of Pearland. This home is like brand new; the home is less than a year old w/an amazing lakeview in front. This home sits on a sizable lot zoned to award winning schools. This fabulous Home has an open concept floorplan with tray ceilings in the great room. Gourmet kitchen features granite countertops, SS undermount farmhouse sink and SS built in appliances well equipped for entertaining family and friends. The outsized primary bedroom is remarkable. The luxury primary bath you will be greeted with a beautiful stand alone tub, a huge walk-in shower with 2 shower heads, 2 separate granite vanities with framed mirrors. A covered Backyard patio w/front & back sprinkler system. Close to popular shopping, dining entertainment as well as easy access to the Medical Center, Downtown Houston and Galveston. A must see home. Schedule a visit today to view this gated pocket community in Pearland. Click on Matterport for virtual walk-thru.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017