303 N Elder Grove Drive
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 |
|---|---|---|---|
| Jun 5, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 25, 2026 | Listed by Priority One Real Estate | $629,950 | |
| Listed by Priority One Real Estate | |||
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Waterfront stunner with pool in golf course community! This 5BR/3.5BA home sits on a manicured cul-de-sac lot and features wood floors, built-ins, new carpet, and a chef’s kitchen with island and double ovens. The resort-style backyard boasts a pool, tropical landscaping, covered patio, water views, and a gas generator. Spacious primary suite with fireplace and spa-like bath. Game room + oversized bedrooms. Luxury, comfort, and location—don’t miss it. Pool maintenance + yard maintenance included in this price.
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| Sep 28, 2022 | Sold | ||
| Sold | |||
| Aug 10, 2022 | Listed by eXp Realty, LLC | $640,000 | |
| Listed by eXp Realty, LLC | |||
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Majestically radiant and centrally located home in the heart of Pearland! Named "Community of the Year 2022" by the Greater Houston Chapter Community Associations Institute, this home is situated on a neatly manicured cul-de-sac lot in a neighborly golf course community. This 2-story, 5 BR/3.5 stunner, dazzles with an openly flowing floorplan, gorgeous wood floors, impressive built-ins, new carpet, and a vibrant, spacious kitchen featuring beautiful cabinetry, center island, double ovens, and a dining area. Marvelously designed for entertaining, the fully enclosed backyard includes a recently serviced swimming pool, covered patio, tropical landscaping with a water view and even a gas generator! Discover blissful evenings in large primary bedroom with fireplace, tray ceilings and large primary bath with double vanities! All bedrooms are generously sized including game room! This is a MUST see so, hurry and check it out!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017