4107 Merlet 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 |
|---|---|---|---|
| Sep 18, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 18, 2026 | Listed by Lazos Properties | $286,500 | |
| Listed by Lazos Properties | |||
| Aug 24, 2026 | Listed by Lazos Properties | $299,000 | |
| Listed by Lazos Properties | |||
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Welcome to this charming & recently updated 3-bedroom, 2-bath home in Pearland, zoned to highly sought-after Pearland ISD! This inviting home features a spacious kitchen with quartz countertops, sleek backsplash, new sink, & stylish light fixtures. The living area offers a cozy fireplace & lots of natural light, while fresh paint & recently installed luxury vinyl plank flooring create a fresh modern feel throughout. The spacious primary suite features a walk-in closet & the secondary bedrooms provide plenty of space for family and guests. Step outside to the large backyard, perfect for entertaining or letting pets enjoy the space. Recent updates include new carpet in bedrooms, A/C replacement in 2021, roof replacement in Dec. 2018, & foundation repairs completed in Nov. 2024, & much more. Home also features a large 2-car garage. Conveniently located near top-rated schools, shopping, dining, & major highways for an easy commute. Per sellers home has not flooded. This home is a MUST SEE!
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| Jun 26, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 28, 2026 | Price Decreased |
$286,500
↓ $9K
(2.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017