3511 Palm Crest Drive
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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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Price Decreased |
$589,995
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Sep 6, 2025 | Listed by eXp Realty LLC | $599,995 | |
| Listed by eXp Realty LLC | |||
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Welcome to this stunning new construction home in Palm Crest, a peaceful community with low property taxes (1.81%) and with modern living in mind. Featuring 4 spacious bedrooms and 4.5 bathrooms, this property offers the perfect balance of style and functionality. The open-concept layout showcases a bright and inviting living area, seamlessly connected to a gourmet kitchen with high-end finishes, custom cabinetry, and an oversized island ideal for entertaining. Each bedroom includes its own en-suite bathroom, providing comfort and privacy for the entire family. The luxurious primary suite boasts a spa-inspired bathroom with a soaking tub, walk-in shower, and dual vanities. Additional highlights include a formal dining area, a versatile home office or flex space. Outside, enjoy an oversize Texas big yard space, 24,638 sqft, ready for your personal touch. Located in a growing Rosharon community, this home offers modern comfort with easy access to all Houston amenities.
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| Jun 20, 2025 | Listed | $658,050 | |
| Listed | |||
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MUST-SEE NEW CONSTRUCTION!
This custom-built home on a spacious 0.5-acre lot offers privacy with no rear neighbors. The home features 4 bedrooms, 4 full baths (including a pool bath), and 1 half bath. Additional spaces include an office, formal dining room, and media room. The open-concept design showcases ceilings ranging from 10 to 12 feet. The kitchen is equipped with 42" cabinets, granite countertops, and stainless steel appliances, including a microwave, range, and dishwasher. All bathrooms are finished with granite countertops and tile. Exterior highlights include aluminum gutters, a sprinkler system, and a rear covered patio.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017