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5535 Gable Meadows Drive
About This Property
Fully remodeled with new roof, new flooring, fresh interior paint, new kitchen appliances, new bathrooms, new lighting throughout, new driveway, walkway, and extended patio, and much more...
Features a welcoming living and dining area, a spacious family room with a cozy fireplace open to the kitchen, and a private primary suite with en-suite bath and walk-in closet. Split-bedroom layout offers added privacy. Attached two-car garage with storage. Enjoy community amenities including pool, splash pad, playgrounds, walking trails, and recreation center. Convenient access to Hwy 59 and Grand Parkway, minutes from Sugar Land shopping and dining.
Why buy new, when you can have it all with low taxes and HOA. Don't miss this rare chance. Schedule a tour today.
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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 |
|---|---|---|---|
| Aug 11, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 27, 2026 | Listed by HomeSmart | $388,000 | |
| Listed by HomeSmart | |||
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 18, 2026 | In contract | - | |
| In contract | |||
| Jan 10, 2026 | Listed by RE/MAX Bluebonnet Properties | $282,026 | |
| Listed by RE/MAX Bluebonnet Properties | |||
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New Year,new $$! Reduced & Ready for a early year closing. Single-Story on Corner Lot w/Scenic Views & Endless Potential in Riverpark SD/Sugarland.Majestic front Oak tree provides shade to this one-story home perfectly positioned on a spacious corner lot overlooking subdivision greenery.With a flexible layout & solid bones, this property offers a fantastic opportunity to remodel and customize to your personal taste.Welcoming front living & dining room,expansive family room w/cozy fireplace,seamlessly connected to the kitchen.Primary suite with en-suite bathroom & generous walk-in closet.Split-bedroom floorplan for added privacy—secondary bedrooms & full bath w/tub/shower on opposite side of home.Attached two-car garage with ample storage.Enjoy neighborhood amenities including a swimming pool, splash pad, playgrounds, walking trails, and a recreation center.Easy access to Hwy 59 and Grand Parkway for quick commutes,minutes from Sugar Land’s premier shopping, dining, and entertainment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017