3301 Explorer Drive
About This Property
with Extra White Ceilings, Luxury Vinyl Plank Flooring throughout entry, family, kitchen/breakfast and wet areas. Large Island
kitchen with 42" cabinets, granite countertops with tile backsplash, stainless appliances. HomePro Standard Package. Home has 4 sides brick and Back Covered Patio. Verify estimated
room dimensions, programs, HOA info & all features with on-site sales as details are subject to change.
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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 2, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Price Decreased |
$239,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Jul 8, 2025 | Price Decreased |
$249,000
↓ $12K
(4.6%) | |
| Price Decreased | |||
| Jun 4, 2025 | Listed by The Sears Group | $261,000 | |
| Listed by The Sears Group | |||
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Welcome to this spacious single-story home located in the desirable Marlow Lake subdivision of Texas City. Built in 2021, this well-maintained property offers 4 bedrooms and 2 full bathrooms with a functional open-concept layout. The kitchen features ample cabinetry, a pantry, and a breakfast bar that opens to the dining and living areas—ideal for everyday living and entertaining. The primary suite includes a walk-in closet, double sinks, and a soaking tub with a separate shower. Additional highlights include a fenced backyard, covered patio, two-car garage, and easy access to nearby parks, schools, and shopping. Located just minutes from I-45, this home provides a convenient commute to Galveston and Houston.
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Last Updated: 4 months ago
Data Source: HAR , MLS# 93611211
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017