518 Pear Drive
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 |
|---|---|---|---|
| Jul 5, 2023 | Sold | ||
| Sold | |||
| May 13, 2023 | Listed by CENTURY 21 Judge Fite Co. | $335,000 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
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Well-kept home in the highly sought-after master-planned community of Woodcreek. This 3-bedroom home, with a dedicated office, features multiple living and dining spaces and truly feels larger than the listed sq footage. The open-concept kitchen and living are perfect for entertaining or intimate get-togethers. The split floorplan is also ideal, with a game room between the two secondary bedrooms. At the front of the home, you have the office and formal dining space that could also be utilized as a 3rd living room if desired. The seller is replacing the roof, and that process has already been started. Woodcreek features multiple pools, parks, walking trails, dog parks, a clubhouse with a fitness center, and much much more.
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| Dec 8, 2019 | No longer available | - | |
| No longer available | |||
| Oct 25, 2019 | Sold | ||
| Sold | |||
| Sep 23, 2019 | Listed by Compass RE Texas, LLC. | $230,000 | |
| Listed by Compass RE Texas, LLC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017