4005 Scarlet Way
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 |
|---|---|---|---|
| Nov 1, 2022 | Sold | ||
| Sold | |||
| Sep 30, 2022 | Listed by Real Broker, LLC | $380,000 | |
| Listed by Real Broker, LLC | |||
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Beautiful home in the heart of Pearland! This executive style home with 5 bedrooms and 3.5 bathrooms is in pristine condition. It's turnkey and ready for its new owners to take possession immediately. Spacious rooms, plenty of natural light, a neutral color palette, and an open-concept layout make this an ideal home for entertaining and family alike. Downstairs you'll find a generous sized family room that is open to the kitchen and dining area. The chef in your life will love the stainless-steel appliance package, rich-toned cabinets, granite counters, and all of the storage space! The primary bedroom and spa like bath are located on the first floor offering privacy and convenience. Head upstairs and you will find a massive Gameroom perfect for hosting football parties or gaming sessions. There's also four additional bedrooms and two full bathrooms! This home has it all! Conveniently located near Beltway 8, this beauty will check all your boxes! Schedule your private showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017