3615 Rivers Road
About This Property
Opportunity knocks with this 2-bedroom, 1-bathroom home nestled on a spacious 1-acre lot. Perfectly located just minutes from Hwy 288 and a short drive to downtown Houston, this property offers convenience, privacy, and potential.While the home needs some TLC, it boasts great bones and the chance to customize it to your taste. The surrounding acre of land provides endless opportunities-expand the home, create a garden oasis, or add outdoor amenities to fit your lifestyle.Enjoy easy access to local dining hotspots, shopping centers, and entertainment options, making it a fantastic location for city convenience with a touch of country charm. Whether you're an investor, or looking for your next project, this property is brimming with possibilities! Don't miss out-schedule your showing today and bring your vision to life!
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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 20, 2026 | Sold | ||
| Sold | |||
| Jan 27, 2026 | In contract | - | |
| In contract | |||
| Dec 23, 2025 | Relisted | $369,997 | |
| Relisted | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed by Sage Real Estate | $369,997 | |
| Listed by Sage Real Estate | |||
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Step into a home where classic charm meets modern living. This beautifully-renovated 3-bedroom, 2-bath home offers almost 1,400 sq ft of thoughtfully-designed space nestled on a full 1-acre lot in Pearland city limits. Inside you'll find a bright open concept layout w/ refinished original hardwood floors, walk-in closets in every bedroom, & designer touches throughout. The original custom built-ins in the living room & guest room add one-of-a-kind character, while the expansive front porch invites you to relax & unwind. The heart of the home shines w/ new stainless steel appliances, updated electrical & new PEX plumbing, along with a new windstorm-rated roof for peace of mind. Both bathrooms feature double vanities, & the primary suite boasts a spa-inspired tile shower with custom glass. With its mix of modern updates, preserved character and rare acreage in Pearland, this home is truly move-in ready. Don't miss your chance on this unique property- schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017