3415 Herbert 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 |
|---|---|---|---|
| Feb 9, 2026 | Sold | ||
| Sold | |||
| Feb 1, 2026 | In contract | - | |
| In contract | |||
| Jan 31, 2026 | Price Decreased |
$225,000
↓ $30K
(11.8%) | |
| Price Decreased | |||
| Dec 7, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 6, 2025 | Listed by Exclusive Realty Group LLC | $255,000 | |
| Listed by Exclusive Realty Group LLC | |||
Property Highlights
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About Pearland
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Last Updated: 8 months ago
Data Source: HAR , MLS# 28528847
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