3416 Norma Lane
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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 |
|---|---|---|---|
| Mar 11, 2022 | Sold | ||
| Sold | |||
| Feb 6, 2022 | Listed by Winhill Advisors - Kirby | $315,000 | |
| Listed by Winhill Advisors - Kirby | |||
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Gorgeous & spacious family home in Pearland! Primary bedroom suite with tray ceiling, formal dining, updated kitchen with breakfast bar. Gameroom, 3 secondary bedrooms and full bathroom upstairs. Huge back yard with covered patio. Great for entertaining! No back neighbors. This is a boutique neighborhood. Premium location with highly recognized schools, parks within biking distance, medical facilities & many dining & shopping venues to create a lifestyle by design! Look no further! Make this magnificent home yours today!
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| Oct 30, 2020 | Sold | ||
| Sold | |||
| Sep 24, 2020 | Listed by GRIT REALTY, LLC | $265,500 | |
| Listed by GRIT REALTY, LLC | |||
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Here is your chance for a spacious family home in Pearland. Plenty of space inside and out. No back neighbors. Primary bedroom suite, formal dining, updated kitchen with breakfast bar down. Gameroom, 3 secondary bedrooms and full bathroom upstairs. Huge back yard with covered patio. This is a boutique neighborhood. Excellent schools, parks within biking distance, close to shopping and entertainment. Easy commute to Houston. Award-winning restaurants!
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About Pearland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017