3602 Sheldon 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 |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Mar 15, 2023 | Listed by Oakmont & Associates, LLC | $360,000 | |
| Listed by Oakmont & Associates, LLC | |||
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Welcome home to this recently updated one story home on a corner lot. Location, location, location! Located in highly rated Pearland ISD schools. Walking distance to Challenger Elementary School, less than 5 minutes to state Hwy 288, 12 miles to the Texas Medical Center, 19 miles to Hobby Airport, 15 miles to Downtown Houston. Immaculate single-story home with open concept floor plan, recently updated kitchen featuring large counter height countertop with quartz countertop. Stainless steel single bowl undermount sink, new faucet, new garbage disposer, new pendant light fixtures. Freshly painted walls and ceilings. Spa-like primary bathroom with rain shower system, frameless shower glass, stainless steel fixtures with large walk-in closet! New LVT planks-100% waterproof flooring and new carpet in bedrooms. Tiled floor to ceiling gas fireplace and much more!!! No rear Neighbors!
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| Feb 13, 2023 | Sold | ||
| Sold | |||
| Nov 14, 2022 | Listed by Tijerina Group | $279,000 | |
| Listed by Tijerina Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017